SALES VOLUME AT PAR WITH PREVIOUS YEAR'S LEVEL
After a record first half year, which benefited above all from the very strong first quarter with a number of large portfolio sales, the German investment market showed its crisis resilience for the time being in the third quarter. With a transaction volume of € 12.3 billion the results of the previous years were missed, but the ten-year average was exceeded by 7%. The total turnover at the end of September was € 41.7 billion (-3%). Considering the economic environment, which is still marked by the effects of the corona pandemic, it is obvious that investors have great confidence in the German real estate markets. In view of the economic recovery that can already be observed, the massive government support measures and the stabilizing effect of short-time work, they assume that Germany will recover comparatively quickly and that the overall positive trends of recent years will persist.
Read the full report by downloading the PDF document.