THIRD-BEST HALF-YEAR OF THE LAST DECADE
With an investment volume of around €7.02 billion, the interim balance on the residential investment market (from 30 residential units) is again pleasing. In the last ten years, only mid-2015 and mid-2018 have seen even better results. Both years, how-ever, were marked by large corporate takeovers, which had not been recorded to the same extent or frequency so far. The high turnover from these two extraordinary years is also due to the fact that the current volume is only in the 10-year average. A total of more than 130 transactions with almost 59,000 residential units was included in the result. On average, the portfolios changed owners for around €53 million per sale, and thus significantly less than in 2018 (-17%). This, too, reflects the somewhat more fragmented nature of the market compared with the pre-vious year.
Read the full report by downloading the PDF document.