Commercial real estate transactions in Germany reached a record EUR 49.4 bn in 2006, approximately 109% more than the previous year. The strong rise 'reflects the unbroken confidence, particularly among foreign investors, in Germany,' the German section of real estate advisor Atisreal said.
Commercial real estate transactions in Germany reached a record EUR 49.4 bn in 2006, approximately 109% more than the previous year. The strong rise 'reflects the unbroken confidence, particularly among foreign investors, in Germany,' the German section of real estate advisor Atisreal said.
According to Atisreal's Investment Market Report 2007, to be published in February, the six most important German offices locations - Berlin, Dusseldorf, Frankfurt, Hamburg, Cologne and Munich - witnessed a total transaction volume of EUR 21.25 bn in 2006, up an impressive 119% on the year before.
The portion of the foreign buyers of all commercial real estate - offices, supermarkets and logistics centres - was 76% last year, up from 61 % the year before.
