A research produced by
The German office investment market gained momentum in the third quarter. The transaction volume rose by 58% compared to the previous quarter. Office properties changed hands for a total of approximately €13bn between January and September, representing a 15% decrease during the year to date compared to the corresponding period last year. Sales of office portfolios have declined significantly (-35% compared with Q1 – Q3 15).
The shortage of existing property is forcing investors to shift their attention to developments, which registered a transaction volume of around €815m during the third quarter compared with an average quarterly volume of approximately €300m over the last five years.
Source : Savills
