Fuelled by several large-ticket deals, Germany’s transactional market soared 25-30% to cross the €10 bn mark in the first six months of 2013 compared with the year-earlier period, according to preliminary figures.
Fuelled by several large-ticket deals, Germany’s transactional market soared 25-30% to cross the €10 bn mark in the first six months of 2013 compared with the year-earlier period, according to preliminary figures.
The market witnessed more than a dozen deals over €200 mln in the first half, highlighting the availability of financing as well as growing investor confidence.
In terms of buyer groups, the first half clearly indicated renewed interest from cash-rich investors from Asia, with South Korean institutions acquiring a 135-metre office tower in Frankfurt in a deal arranged by IVG Immobilien.
Market experts say other Asian investors are actively looking to take part in the German investment market with investors from Korea and Taiwan showing strong appetite for quality real estate in Germany.
The full article appears in the July edition of PropertyEU Magazine and is also available digitally to premium subscribers at the following link: German market bounces back.
