STRONG START TO THE YEAR WITH LASTING IMPACT
Düsseldorf's investment market recorded a comparatively strong performance by the end of the third quarter of 2022. With a commercial investment volume of € 2.63 billion, this is the second-best result in the last 10 years. However, the good performance was driven not least to the high volume of portfolio transactions included proportionally in the figures. More than EUR 1.2 billion is attributable to portfolios, which sets a new record. The alstria takeover by Brookfield in the first quarter is primarily responsible for this. Correspondingly, the excellent start to the year (Q1: €1.6 billion) contributed significantly to the overall result. After a noticeably wait-and-see attitude among many investors in the second quarter in particular, the past three months have seen a return to somewhat livelier market activities. At €735 million, the quarterly average for the past 5 years has been missed by 18%, however the volume was entirely generated by single investments. The relatively high number of over 20 registered deals underscores that, despite the changed conditions, Düsseldorf is still on investors' shopping lists.