NEW BEST MARK THANKS TO STRONG FIRST QUARTER
With a commercial investment volume of €1.9 billion, a new record was set on the Düsseldorf investment market at the end of the first half of 2022. The current volume is around 57% above the long-term average and almost doubles the subdued result of the previous year. However, the record figure was primarily made possible by the high volume of portfolio transactions included on a pro rata basis. Above all, the alstria takeover by Brookfield in the first quarter was a volume driver. Accordingly, the outstanding start to the year is also largely responsible for the record. Due to the geopolitical upheavals, the gloomy economic outlook and the interest rate turnaround now heralded by the ECB, a significantly more wait-and-see attitude on the part of many investors has been noticeable over the course of the past three months. Accordingly, the registered investment volume for the second quarter is only €278 million and thus falls short of the average quarterly value of the past 10 years by 63%.