The transaction volume for German commercial property in the first three quarters of 2016 totalled around €32.5bn, representing a decrease of 18% compared to the corresponding period last year. Nevertheless, this marks the second highest result since 2007.
There has been a sharp decline in the number of large transactions during the year to date. While 80 deals for more than €100m were signed in the first nine months of 2015, the corresponding figure for 2016 to date has fallen to 61.
Source : Savills