According to the "Residential Investment - Overview of Residential and Commercial Properties" by real estate service provider Colliers International, residential properties are very popular with investors on the German real estate market. With a transaction volume of around €181 billion, residential real estate is recording higher turnover figures in 2019 than in the previous year. Of this, a transaction volume of €58 billion is attributable to the asset class of multifamily properties. Trading in residential and commercial properties is also more popular than ever before.
A total of 42 cities in Germany were analyzed in the report by Colliers International. According to calculations, a total of 9,230 residential and commercial properties were sold in these cities in 2019. The transaction volume here totaled €20.63 billion. Compared with the previous year, there was an increase of 4.1 percent here. Slightly more than half of the 20.63 billion euros were spent in Berlin, and Hamburg as well as Munich, Cologne and Frankfurt. Of this, around 4.82 billion euros of the transaction volume was in Berlin.
Another development on the real estate market can also be seen in cities with secondary locations. For example, the study shows that locations such as Aachen or Fürth have become more attractive for investors and are increasingly becoming the focus of investments. This trend can be seen in the strong increase in sales volume. For example, the sales volume in Aachen was around 414.6 million euros, an increase of 132 percent compared to the previous year. In addition to Aachen and Fürth, Offenbach, Mainz and Wiesbaden also recorded an increase in sales volume. By contrast, evaluations of the report show that investment volumes declined in Potsdam and Regensburg.
Source: Colliers
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