At a Glance Q4 2020

Investment market Munich

Investmentmarkt München


The Munich investment market was solid overall at the end of the year. In the fourth quarter, €1.3 billion was invested in commercial real estate. The traditional year-end rally thus failed to materialize in 2020, which was dominated by the corona pandemic. But with a total volume for the year of almost 5.1 billion, the Munich investment market ranks fourth in the national rankings behind Berlin (almost €9 billion) and Frankfurt (€6.5 billion) and almost on a par with Hamburg (€5.5 billion), the latter achieved a record result. The investment volume registered in Munich for 2020 was slightly below the ten-year average (-11%). Market activity was dominated by single transactions, which accounted for 89% of the market. While proportionally calculated portfolio deals still amounted to €2.4 billion (or 23% market share) in the record year 2019, only around €580 million flowed into commercial portfolios in 2020.

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