NOT AS GOOD AS 2018 AND 2019, BUT ABOVE AVERAGE
Despite the uncertainties caused by the corona pandemic and the expected economic recession, the Stuttgart investment market can look back on a good interim result after the first three months. With a total investment volume of €434 million, the Swabian metropolis is unable to match the excellent results of the previous two years, but is still 33% above the long-term average. How lively the market activity was in the first quarter is further underlined by the fact that the number of registered transactions at the beginning of the year reached a record high of around 25 deals. While turnover in many A-locations was pushed by a comparatively high proportion of portfolio transactions (39% in total), the result of the Stuttgart market is generated almost exclusively from individual sales (93% proportionately). The average volume per deal is also low in comparison with the largest investment markets, which stands at only €18 million at the beginning of the year.
Read the full report by downloading the PDF document.