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Germany : Focus on office properties - Q3 2014

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A research produced by DTZ

Germany : Focus on office properties - Q3 2014

Purchases of commercial properties and development sites totalled €25.47bn up to the end of September 2014, thus reaching the highest 9-month value since 2007. The third quarter accounted for a share of €8.44bn, or 33%, and consequently not only proved to be the second-strongest quarter in the current year but also the second-strongest quarter since 2007.

Foreign capital demonstrated a strong, stable interest in German commercial property during the year to date and purchased properties worth over €11bn. It is foreseeable that the figure at the end of the year will not only reach the level of 2008 (almost €12bn) for the first time but will also exceed it significantly. However, the proportion of foreign investors in the transaction volume as a whole is likely to be lower than in 2008, when it reached 60%.

Source : DTZ

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Keywords : DTZ