SECOND-BEST HALF-YEAR RESULT EVER
After a dynamic start to the year, the second quarter did not lose pace. With a turnover of over €4.6 billion, the interim result of the Berlin commercial real estate investment market at the half-year point is excellent: The 10-year average was surpassed by a proud 45%; only in 2019 was an even higher volume recorded for the first half of the year. In the nationwide ranking of A-locations, the capital is thus clearly in the lead. It is only followed at a clear distance by the banking metropolis of Frankfurt, where just under €3.4 billion was registered. At 16%, the contribution of properties that changed hands within larger portfolios is at the low level typical for Berlin. In terms of both volume and the number of properties traded, almost half of this is accounted for by the second quarter. In contrast to the nationwide development, there was no decline in investment activity on the Berlin market in the second quarter.