BILLION € THRESHOLD ONLY JUST MISSED
With a transaction volume of €980 million, the Frankfurt investment market only just missed the €1 billion mark in the first quarter. The ten-year average was thus exceeded by 15%. Compared with the record turnover set in the same period last year, this nevertheless represents a decline of 41%. This is exclusively due to the disproportionately high share of portfolio sales of over €700 million included in last year's figures. By contrast, no package sales have yet been recorded in the current year. Looking only at individual transactions, the result increased by 5% and even exceeded the long-term average by an impressive 28%. This is particularly remarkable given that only two major deals in the triple-digit million range have been registered so far in the first quarter. The high transaction volume can be taken as evidence that investors are convinced of the good long-term perspectives of the banking metropolis, even in a difficult environment. In a national comparison, the result means second place, only Berlin can boast an even better result.
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