COMPARABLE NUMBER OF DEALDS WHILE MAJOR TURNOVER DRIVERS ARE COMPLETELY ABSENT IN 2024
-
Overall, the Stuttgart investment market sent the first positive signals in 2024, but without initiating a decisive trend reversal. Although turnover fell by a good quarter to around €555 million, the number of sales included in the result remained constant.
-
In order to achieve a better result, the Swabian metropolis lacked the sales-driving deals in the high double-digit or even triple-digit million euro segment, which remained completely unfilled in the past year. In view of the fact that larger-volume transactions were increasingly finalised again in the other top markets towards the end of the year, Stuttgart can also be expected to see an increase in larger investments again if adequate offers are made.
-
The first signs of a slight upward trend on the Stuttgart investment market can be seen in the fact that 68% of the total volume and 68% of the deals were completed in the second half of the year.
-
In view of the price adjustment processes currently being finalised and investors' increasing planning certainty with regard to financing costs, net prime yields have stabilised: premium high street properties in prime locations (3.85%), top logistics assets (4.25%) and prime office properties (4.40%) have thus maintained their values from the end of 2023.