MARKET REVIVAL REMAINS ABSENT IN FINAL QUARTER
The Düsseldorf investment market generated €882 million in 2023, placing it in the middle of the A-locations. This is a 69% decrease compared to the long-term average and the previous year. The A-locations as a whole also achieved an average result that is around 67% below the 10-year average. The market was characterized by a stuttering economic engine and a challenging financing environment throughout the year. The market continues to be characterised by reluctance and unwillingness to invest. Despite a €100 million investment volume, no market revival was observed in the final quarter. As in other locations, there were no significant large-volume deals with a significant signal character observed in Düsseldorf in 2023, which might have hinted towards a trend shift to more lively investment activity.