BELOW-AVERAGE HALF-YEAR RESULT
With a sales volume of € 948 million, the Düsseldorf investment market is still somewhat subdued at the end of the second quarter. The result is almost 50% below that of the same period last year. However, this statement is somewhat distorted by the fact that last year's result was the best half-year to date in the capital of North Rhine-Westphalia. Although sales also fell short of the long-term average, the decline here was much more moderate at -10.5%. A look at the transaction volume by quarter shows that the moderate performance is primarily attributable to the first three months of the year. While the figure for the first three months was only €247 million, market activity in the second quarter soared, with sales of €700 million. Meanwhile, the share of portfolio transactions is strikingly low, accounting for only around 11% of the volume, which was also a driver for the below-average overall result.
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