Real estate investment market Berlin
According to Savills, in the 1st half of 2025, around 2.1 billion euros were turned over on the Berlin real estate investment market. Compared to the same period last year, this corresponds to a decrease of 43%. Compared to the 10-year average, sales were even 56% lower. In the last twelve months, Savills has registered a good 70 transactions, which represents an increase of 17% compared to the same period last year. Prime yields for offices and commercial buildings were 4.5% and 4.4% respectively at the end of June, unchanged from the previous quarter and also unchanged from the previous year’s figure.
Prof. Dr. Tayfun Erbil, Director Investment at Savills in Berlin, comments on the market as follows: “The market has picked up noticeably in recent months, even if this is not yet reflected in the transaction volume. The supply of properties has increased significantly, and further sales processes are in preparation. In addition, the number of active investors has increased, with foreign sources of capital in particular becoming more optimistic in their assumptions. In the case of offices, however, interest is almost exclusively directed towards prime locations, while properties outside these locations continue to be viewed very critically.”
With a transaction volume of EUR 2.4 billion, residential real estate* contributed the most to investment turnover in the last twelve months, followed by office properties (approx. EUR 1.16 billion) and healthcare/social real estate (approx. EUR 0.23 billion).
Against the backdrop of increasing willingness to sell and more realistic price expectations of many owners as well as the growing number of active investors, Savills expects a gradual increase in transaction activity in the future.
* Only properties with at least 50 residential units
