STRONG START TO THE YEAR FOR INDIVIDUAL TRANSACTIONS
The Berlin investment market had indeed a remarkable start to the year. With a total volume of €1.4 billion, the third-best opening quarter in history was achieved despite the continuing massive restrictions in the wake of the Corona pandemic. Also, the ten-year average was slightly exceeded. This comparatively good result was driven in particular by individual transactions, which accounted for almost the entire transaction volume for the quarter. The current volume corresponds to an increase of 13% compared to Q1 2020 and the 10-year average was also exceeded by almost 35%. It is the lack of portfolio sales that explains the overall 56% year-on-year decline. Only €24 million was recently invested in Berlin on a portfolio basis. Although this is by far the lowest figure since 2016, it is in line with the significant drop in investment volume in the portfolio sector nationwide. Berlin's continued attractiveness as an investment location is reflected in its undisputed top position among A-locations ahead of Frankfurt (€980 million) and Munich (€704 million).
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