A research produced by
With a transaction volume of just over one billion euros, the Munich market took a clear-cut lead over all the other major German investment locations in the first quarter of 2016 and was the only one to already break through the one-billion threshold in the first three months. Even though the result failed to quite match the record prior-year figure (-10 %), it was on a par with that posted in 2007 and can definitely be considered exceptional. Backing this assessment is the fact that the investment volume exceeded the ten-year average by a handsome 42 %. The biggest deal in the first quarter was the sale of the Baywa HQ on Arabellastrasse for around 280 m € to WealthCap. Portfolio transactions included on a pro rata basis accounted for 193 m € of aggregate turnover, a considerably higher figure than in any other major city. The trend towards a focus on relatively large assets has continued. With an average of about 37 m € per registered sale, Munich once again finished well ahead all the chief German locations.
Source : BNP Paribas Real Estate
