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European Quarterly Country Review : Germany - Q2 2013

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European Quarterly Country Review : Germany - Q2 2013

GDP rose by a marginal 0.1% in Q1 2013.

At a country level office vacancy rates declined in Germany on average despite weakening demand.

Frankfurt experienced, in the first quarter, the lowest level of take-up in 12 quarters, but office prime rents rose by 7%.

International retailers are increasingly expanding into off-prime locations.

While total investment activity declined by 40% in Q1 2013, investors showed strong interest in the logistics sector, leading to a surge in transaction volumes by 75% quarter by quarter.

Source : AXA Real Estate

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Keywords : AXA Real Estate