BEST START OF THE YEAR EVER
The investment market in Düsseldorf got off to a brilliant start in 2020 and has set a new record with a transaction volume of around €1.01 billion. For the first time, the billion euro threshold was already exceeded in the first three months. The previous year's result was thus topped by a proud 160% and the ten-year average was also doubled. This is attributable to a lively market activity in all segments and a high number of registered transactions. Of total turnover, €894 million is attributed to individual deals, which more than doubled compared to the previous year's figure. In contrast to some other cities, the participation of portfolio deals was relatively moderate at €118 million (12%). The largest deals included the acquisition of the two buildings "F99" and "F101" in the Airport City, which LEG Immobilien AG acquired from Strabag Real Estate. The effects of the corona crisis expected to be felt over the course of the year are not yet reflected in the first quarter.
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