GOOD HALF-YEAR THANKS TO STRONG FIRST QUARTER
A transaction volume of €467 million was achieved on the Leipzig investment market in the first half of 2020, which represents an increase of around 46% over the same period of the previous year. The long-term average was exceeded by almost 27%. However, it should be noted that the bulk of the €351 million volume was generated in the first three months of the year and that the effects of the Corona pandemic and the temporary lockdown had a significant impact on the market in the second quarter. Sales and purchase transactions set on "on hold", unfeasible inspections and a more difficult financing environment ultimately ensured that only €116 million was invested in the Saxon metropolis in the past three months, the weakest result of the last six years. Nevertheless, a significant increase in market activity can also be observed in Leipzig, as many investors are currently feeling positive and are assuming a V-shaped recovery of the economy.
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