BELOW-AVERAGE RESULT IN THE YEAR OF CRISIS
The Stuttgart investment market reached a transaction volume of just under €1.4 billion in 2020 and thus has to accept a decline of a good 45% compared to the previous year. Compared to the 10-year average, there is also a slight deficit of 10 %. While the result after three quarters was still average, the usual "year-end rally" did not occur, unlike in other top markets. Only € 313 million was invested in commercial real estate in the months between October and December. In the two very good previous years, the Q4 result was more than three times as high with around one billion euros in each case. In addition to the uncertainties in the wake of the Corona pandemic and the exceptionally quiet end of the year, a low volume of proportionally included portfolio deals (€ 152 million) and a low average turnover per sale (€ 23 million) can be cited as further reasons for the weak performance.
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