At a Glance Q3 2020

Investment market Munich

Investmentmarkt München


In the first three quarters of 2020, a commercial transaction volume of around €3.75 billion was registered. Compared with the exceptional figure for the previous year, this implies a decline of 26%. Nevertheless, the ten-year average was exceeded by a good 7%. The second quarter is primarily responsible for the weaker result, as large volume deals were temporarily put on hold during the lockdown. In the third quarter, investors eased the brakes again. With sales of around €1.66 billion from July to September, the second-best result in the last ten years was achieved. This is  strong evidence of the continuing great confidence investors have in the future development of the Bavarian capital. In a nationwide comparison, Munich ranks third, behind the capital Berlin and was only just beaten by Hamburg. Of the total investment volume, € 549 million are attributable to portfolio deals which record an average market share of 15%. Among the most important transactions are the sales of the headquarters of Random House, the office development South Horizon (SoHo), the mixed-use Perlach-Plaza complex and buildings 1 and 2 of Weißes Quartier.

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