At a Glance Q2 2019

Office investment market Germany

Büro-Investmentmarkt Deutschland


Office properties are once again by far the most popular asset class. With a transaction volume of €11.53 billion, the best result of the last ten years was recorded. In addition to the attractive financing environment, this is attributable to the strong occupier markets, which achieved a new all-time high in the first half of the year, as well as noticeably rising rents. It is therefore not surprising that offices account for almost half of the commercial
investment volume (over 47%). Market activity was again clearly dominated by individual deals, which even set a new record with just under €11.3 billion. The most important driver of this dynamic development were large-volume transactions. In the first six months, already 25 sales in the three-digit million range were registered, accounting for a good half of total volume. Portfolio transactions, on the other hand, suffered a slump of almost 80%, reaching only €233 million, the weakest result of the last eight years. Among the most important deals are the sale of shares in the Siemens Campus in Munich-Neuperlach, the Pressehaus and the Carrée Seestraße in Berlin, all brokered by BNP Paribas Real Estate, as well as the Welle in Frankfurt.  

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