LEIPZIG INVESTMENT MARKET REMARKABLY ROBUST
After the first three quarters of 2023, the investment volume for commercial real estate in Leipzig amounts to €456 million. Although this means the investment volume is around 26% below the previous year's figure and around 25% below the long-term average, this is a very solid result in a national comparison. At around € 116 million, the volume of portfolio deals has almost doubled compared to the previous year. Portfolio deals also account for a slightly above-average share of total turnover with a quarter (Ø 10 years: 23%). This was due to the sale of a logistics property from a larger portfolio by Baytree Logistics Properties (AXA) to P3 Logistic Parks (Singaporean sovereign wealth fund). It is therefore not surprising that foreign investors account for a fairly high share of 38%.