The volume of capital flowing into Germany real estate vehicles – both listed and private – rose 28% in the first half of this year, according to a new study.
Barkow Consulting said €10.4bn was placed in the first half of this year, its highest since the global financial crisis.
Listed real estate attracted €4.3bn, twice the previous record of €1.8bn, set in the second quarter of last year.
Barkow said the figures were boosted by “remarkable listed transactions”, including Deutsche Wohnen’s record €900m rights issue and Deutsche Annington’s €2.3bn capital raising.
The first half of this year was the best start to a year, the firm said, making 2015 already a record year for equity placements.
Net inflows into public open-ended funds were strong at €2.2bn, representing a 55% increase over the last 12 months.
Institutional open-ended funds drew in €3.5bn, a lower year-on-year increase of 16%.
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