The big German open-ended fund managers may be withdrawing from the Dutch market, but the same is not true of Dutch investors in Germany.

The big German open-ended fund managers may be withdrawing from the Dutch market, but the same is not true of Dutch investors in Germany.

The interest of Dutch investors in Germany is growing significantly, according to Matthias Euler, CBRE senior director and co-head International Investment Capital Markets during a presentation at the PropertyEU Germany Investment Briefing at the Provada real estate fair in Amsterdam on Tuesday. ‘Germany is hotter than ever.’

Indeed, Germany emerged as the most popular destination for international real estate investors in a survey held by CBRE earlier this year. Euler: ‘Germany’s GDP growth is still positive at 0.5%, Germany is a powerhouse in a struggling Eurozone.'

Euler pointed out that the unemployment rate in Germany is at a record low of 5%. It’s never been so low as it is now.’ By contrast, unemployment is growing in the Netherlands and is expected to top 7.5% this year. ‘This is the first time that Germany has a lower unemployment rate than the Netherlands.’