Investment volume in Germany is set to rise to around €35 bn in 2014, according to Peter Schreppel, CEO of CBRE Germany. This is significantly higher than the €30 bn recorded for 2013, he said.
Investment volume in Germany is set to rise to around €35 bn in 2014, according to Peter Schreppel, CEO of CBRE Germany. This is significantly higher than the €30 bn recorded for 2013, he said.
'So far this year, we have seen €25 bn of transactions. Half of that figure is from international money, which is a good sign,' Schreppel told PropertyEU during the Expo Real trade fair which was held in Munich in early October.
Asked whether he saw parallels with the boom years of 2006-07, Schreppel pointed out that investment volumes in Germany hit the mid-€50 bn mark in 2006. 'And,' he added, 'the equity proportion is now larger. Today investors have skin in the game.'
