At a Glance Q2 2020

Residential investment market Germany

Wohn-Investmentmarkt Deutschland

SECOND BEST RESULT OF ALL TIME

The residential investment markets in Germany continue to develop extremely positively and, when compared to other asset classes, are much less affected by the negative effects of the Corona pandemic. Investment volume with larger residential portfolios (30 residential units and more) amounted to just under €12.7 billion in the first half of 2020, an increase of more than 80% over the same period in the previous year. Even when solely concentrating on the second quarter, when lockdown and contact restrictions were in full effect, the picture is encouraging. At €3.35 billion, this quarter also saw the best result of the past five years, and exceeded the long-term average by 16%. The acquisition of Adler Real Estate by Ado Properties, accounted for almost half of the result and made a major contribution to this outstanding result. However, the fact that major deals have a significant impact on total sales is not a peculiarity of this year. Examples from previous years include the Gagfah deal in Q1 2015 or the takeover of Buwog in Q1 2017. Further evidence of lively market activity is the number of recorded deals, which stands at around 220, of which around 100 were concluded in the second quarter.

Download this market report as PDF