INVESTMENT VOLUME REMAINS LOW IN Q4
The investment volume in Frankfurt amounted to just under €1.2 billion, one of the weakest results of the year. Similar to other major German locations, it missed the previous year's result by around 76%. The financial metropolis recorded the highest decline among all A-locations. Investment activity remained subdued throughout the year and only €348 million was invested in the last three months. The expected year-end rally did not occur. As a result of the challenging environment, the Frankfurt market was particularly affected, with the office segment experiencing the strongest price correction due to changes in the interest rate environment. However, large-volume core transactions for office buildings have traditionally been the most important aspect of the Frankfurt market. There were no transactions of this kind recorded in 2023, indicating that Frankfurt's most significant market segment has almost entirely disappeared. Overall, the number of registered transactions, including some withdrawn by sellers, was very low.