Smaller locations and portfolios, more new builds and even higher prices.
The transaction volume for German residential property in the first three quarters of the year totalled around €9.5bn, representing an increase of 27% compared with the corresponding period last year.
While A-cities remained the most sought-after investment locations, accounting for 45% of the transaction volume, B-cities and D-cities also witnessed significant growth in investment activity. This can be attributed to the significantly lower price levels and, to some extent, better availability of product.
Source : Savills