STRONG HALF-YEAR RESULT THANKS TO START OF YEAR
The Frankfurt investment market achieved an extraordinarily strong result at the half-year mark. The current commercial investment volume of €3.39 billion not only exceeds the long-term average by more than a third, but also represents the third-best interim result ever recorded in the banking metropolis. In the nationwide ranking of A-locations, Frankfurt is thus in second place, beaten only by Berlin (€4.6 billion). With a share of 75%, individual transactions once again contributed the most to the result. However, the overall good performance is largely due to the outstanding start to the year with a good €2.5 billion. Due to the geopolitical turmoil, the gloomy economic outlook and the interest rate turnaround now announced by the ECB, many investors took a much more wait-and-see approach in the course of the second quarter. Accordingly, the current quarterly result of around €880 million is clearly below average.