As expected, the ECB has left the deposit rate at 2.0 percent, sending a clear signal of monetary policy continuity. For commercial real estate investors, this decision creates a stable basis for calculation and increases planning security for long-term commitments. The persistently favourable financing conditions promote the willingness to invest in modern and sustainable residential and commercial space – an impetus from which the real economy also benefits, as companies can take advantage of better location options as tenants.
As expected, the ECB has left the deposit rate at 2.0 percent, sending a clear signal of monetary policy continuity
Stefan Hoenen (Copyright: HCOB)
Stefan Hoenen
Head of Commercial Real Estate, Hamburg Commercial Bank
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