At a Glance Q4 2019

Residential investment market Germany

Wohn-Investmentmarkt Deutschland

RESIDENTIAL INVESTMENTS DEFY REGULATORY TRENDS

Demand for investments in larger residential portfolios (30 or more residential units) remains very high despite the many
political discussions concerning the introduction of regulatory instruments: the total transaction volume in 2019 amounts to around €19.5 billion, the second-best result in the past 15 years. More was only invested in 2015, when the purchase of Gagfah by Vonovia and the acquisition of Süddeutsche Wohnen alone
generated a volume of almost €10 billion. In 2019, too, a few
major deals such as the sale of BGP Group with around 16,000 apartments to Union Investment are to be reported. But generally speaking, the 17% higher number of transactions testifies to a consistently lively demand across all size categories. A total of around 370 sales with roughly 144,000 residential units were included in the results. At €53 million, the average volume per transaction is roughly on a par with the previous year.
 

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