April saw a seamless continuation of this year’s extremely strong investment activity. If the current momentum is sustained until the end of the year, 2017 will go down as a record year. We keep our projected annual transaction volume at €55bn for the time being but consider this conservative (Table 1, Graph 1).
All sectors, with the exception of retail property and development sites, have witnessed an increase in investment compared with the corresponding period last year. Investment activity remains strong in the hotel and industrial/logistics property sectors (Table 1, Graph 2).
Berlin remains the undisputed hotspot among the top seven cities. Almost €2bn has been invested in the German capital since the start of the year. Frankfurt is enjoying its strongest investment activity for 12 months and this could improve yet further driven by Brexit expectations.
Source : Savills