Deutsche Anlage-Immobilien Verbund (DAVE)

Company posts

DAVE: ESG is becoming an integral part of due diligence

According to DAVE and Arcadis, ESG is becoming an integral part of property due diligence. Banks are increasingly focusing on sustainability risks as economic factors. Interdisciplinary assessments and early transparency are intended to underpin investment and financing decisions.

DAVE: The property investment market is regaining momentum / Residential property is a source of stability / “The era of blanket investment is over”

The DAVE Market Report 2026/2027 shows that the German property investment market is recovering, with transaction volumes rising in many cities and across many asset classes. Residential property acts as an anchor of stability; in the office sector, quality is key. Austria is still lagging behind in the recovery.

Markets Real Estate

DAVE: Germany responds to heat waves with air conditioning instead of strategies for heat-resilient buildings and cities

DAVE criticizes the focus on air conditioning and calls for holistic strategies for heat-resilient buildings and cities. Cooling is to be part of a system of structural heat protection, greening, efficient grids, PV, storage and load management. The priority is the existing building.

Energy Markets

Family offices are increasingly focusing on housing stock / Nationwide trend is gaining momentum

DAVE and Arcadis are observing that family offices in Germany are increasingly acquiring existing apartments and are primarily in demand for residential portfolios with 100 to 800 units. Drivers include high construction costs, regulatory uncertainties and a difficult financing environment; the focus is on value-preserving, generational strategies. The trend is stimulating the market for larger residential portfolios and is likely to become even more important in view of the new construction situation.

Markets Real Estate

DAVE mourns the loss of co-founder R. Dieter Limbach

DAVE mourns the loss of its co-founder R. Dieter Limbach, who passed away on March 18, 2026 at the age of 89. The long-standing real estate entrepreneur shaped the industry for decades, including as RDM Vice President and as Chairman of Haus & Grund Bonn/Rhein-Sieg. Companion Wieland Münch and DAVE Managing Director René Husfeldt pay tribute to his life's work.

Dynamics

DAVE connects markets: Vienna benefits from cross-border investments

After the first quarter of 2026, the Viennese real estate market is showing signs of stabilisation: better financing conditions are stimulating demand, while supply – especially in new construction – remains scarce. Vienna also scores points in the commercial segment with low vacancy rates, stable rents and high demand for ESG-compliant space; cross-border investments with Germany are gaining in importance, as DAVE and cooperation partner Arcadis emphasize. For the coming months, the experts expect further stabilization and attractive opportunities for selective investments.

Markets Real Estate

DAVE: Over 670 million euros in property turnover, strong network in Germany and Austria with a focus on customer benefits

DAVE reports property turnover of around EUR 670 million for 2025 and strengthens its regionally anchored network in Germany and Austria. The joint business and cross-border cooperation, including with Arcadis, are to be further expanded; an appearance at Expo Real is planned. In the housing policy debate, DAVE pleads for market-based solutions instead of a new state-owned housing association and calls for better framework conditions for private investment.

Dynamics