Positive developments on the real estate market: € 8.7 billion transactions in 2024

Positive developments on the real estate market: € 8.7 billion transactions in 2024
Investments are booming in Germany! The current figures make it clear that the top 7 markets for commercial real estate investments literally explode! At the end of the third quarter of 2024, the breathtaking transaction volume (TAV) is around 8.7 billion euros - an overwhelming plus of 53% compared to the previous year! Where is it buzzing? In the large cities of the country!
The numbers speak for themselves: The investment is attracted! björn Holzwarth , spokesman for German Property Partners (GPP), explains: "In the past three months we have found an upswing in the investment activities in most locations. However, many of the transactions are still in the small to medium -sized price segment." So the big ones have to be careful, because even the small fish swim with a lot!
What can we expect until the end of the year?
Holzwarth is optimistic: "We expect the careful upward trend to last until the end of the year." Nevertheless, he warns: "Even if the top 7 overall result is likely to be above the previous year's value, it remains clear below the long-term average." An interest rate reduction by the ECB could give the market an urgently needed signal, but first a stabilization of the economic framework must be stabilized.
investors, be careful! From July, more degrees of over 100 million euros were made than in the previous quarter. But the uncertainty regarding the core transactions of the institutional investors remains high! The picture clouds and the decisions drag down - a balancing act between optimism and caution.
Who is behind GPP? This network combines the leading trade real estate service providers in Germany. With over 420 real estate professionals in the top 7 cities (including Hamburg, Berlin, Munich and Frankfurt), GPP relies on deep market knowledge and personal support. Every year the group conveys unimaginable 490,000 m² of commercial space and generates a transaction volume of around 770 million euros. A power you have to count on!
For more information: Contact Katharina Koester at press@germanpropertypartners.de or visit our website www.germanpropertypartners.de .