Markets

Research, market opinions and commentaries on the various asset classes, segments and regions.

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Analyse Comment

Aengevelt: Framework conditions lead to a decreasing renovation rate for residential buildings.

The renovation rate for residential buildings is falling steadily, which jeopardizes the climate goals of the federal government. Aengevelt proposes a 'renovation light' to increase the renovation dynamics in the building sector.

Investorenumfrage von JLL 2026 (Quelle: JLL)
Umfrage

JLL investor survey: Market wants to invest more again, but there is a lack of supply

The current JLL investor survey shows that real estate investors in Germany no longer see falling interest rates as a growth impulse. Instead, the focus is on price-adjusted purchase opportunities, while pricing in the asset classes is almost complete.

News

CBRE advises AVENTOS on sale of data center in Nuremberg

The global real estate service provider CBRE has advised AVENTOS on the sale of a data center in Nuremberg to AEW. The center is fully leased to a global technology group and offers potential for future expansion of use.

Analyse Report

JLL’s Victor Prime Office: 2025 ends with a solid quarterly performance

In the fourth quarter of 2025, the office performance indicator Victor Prime Office recorded growth of 1.6 percent. Hamburg leads the indicator with a jump of 6.6 percent, while Berlin falls back slightly.

Analyse Report Umfrage

Housing remains Europe’s preferred real estate asset class – rising investor confidence in 2026

According to a survey by CBRE, the residential real estate sector remains the most attractive asset class in Europe as investor confidence grows. 2026 is seen as a key year for the market recovery, supported by falling financing costs and a convergence of buyers' and sellers' price expectations.

Magdeburg
Analyse Report

Balance sheet 2025 – Outlook 2026: Aengevelt analyses strengthened office market in Magdeburg

Aengevelt has analysed the strengthened office market in Magdeburg. Office space take-up has risen, and the prime rent level continues to rise.

Article Comment Weekly

Defense in Real Estate Special Funds – The Situation Report

Rising defense spending is driving demand for industrial and logistics real estate. But not every defense space is a fund product – location, exit and investor acceptance are decisive.

News

ZIA Spring Report: Conversion as the Key to Vibrant Inner Cities

The ZIA spring report emphasizes the need for flexible buildings and faster approvals for lively city centers. Marcel Wnendt emphasizes the conversion as the key to revitalization.

Article

Current trends in residential investments

The asset class has proven to be very stable over the past three difficult years. In order to successfully lead their portfolio into the future, investors should focus on energy and cost efficiency – and take advantage of the opportunities offered by subsidized housing.

vdp Index Q4-2025 (Quelle vdp)
News

Up 4%: Real estate prices confirm upward trend in 2025

In 2025, real estate prices in Germany rose by 4.0%, led by residential real estate. The managing director of the vdp, Jens Tolckmitt, emphasised the challenges and necessities to support the market.

Tech Cities Index Rangliste (Bildquelle: Savills Tech Cities Index)
Analyse Report

San Francisco and New York top the Savills Tech Cities Index 2025

San Francisco and New York lead Savills' latest Tech Cities Index 2025, while Berlin and Munich are among the leading German cities in the global tech scene. London leads in Europe and is in third place worldwide.

L&G Coverimage Podcast Private Markets - Carving a path
Analyse Podcast

Podcast: Private markets – Carving a path

What do the next 12 months have in store for private markets? That’s the question our panel aims to answer on this week’s podcast.

Analyse Article Report

The convergence of digital and clean power infrastructure

Digital and clean power infrastructure are both expanding rapidly, driven by artificial intelligence (AI) adoption, cloud computing, and electrification. Our recent research paper explains why we believe these trends can create structural growth opportunities for investors and ...

Article

Hydropower. The hidden reserve of the energy transition.

A Classification Between Climate Data, Market Mechanics and Operational Reality

Analyse News Report

DIP analyzes moderate increase in take-up in the German office market.

Office space take-up in 2025 increased by 3% compared to the previous year, reaching 3.26 million m², although it is 21% below the average of the last ten years. An increase in prime rents and supply reserves is forecast.

Comment

“For the real estate and credit markets, the interest rate pause does not mean relief, but stability”

Statement by Prof. Dr. Steffen Sebastian, Chair of Real Estate Finance, IREBS Institute for Real Estate Economics, University of Regensburg on the interest rate decision of the European Central Bank.

Comment

“The ECB is (…) with their course is currently in a comfortable position to be able to react accordingly if necessary.”

Statement by Prof. Dr. Felix Schindler, Head of Research & Strategy, HIH Invest, on the ECB's current interest rate decision.

Comment

“As long as no new inflation risks arise, we believe the ECB will continue to focus on continuity and a longer period of stable interest rates.”

The European Central Bank has decided to leave key interest rates unchanged, which was expected by players in the capital and real estate markets. Various experts commented on this, including Francesco Fedele of BF.direkt, who emphasized the importance of monetary stability.

Analyse Comment

“Aengevelt sees stationary retail on the upswing.”

Real sales in brick-and-mortar retail in Germany increased by 1.1% in 2025, above GDP growth of 0.2%. Aengevelt expects a revival in the retail real estate market segment as a result of this development.

Comment Weekly

Will institutional real estate investors come back – or just their cash?

The market for special real estate funds has been moving again in recent weeks. Subscriptions, increases and share acquisitions are increasing.

Analyse Quarterly Report

NAI apollo: Logistikflächenmarkt Rhein-Main schließt 2025 über Vorjahresniveau

The logistics space market in the Rhine-Main region will exceed the previous year's results in 2025. With a total annual take-up of 496,000 square metres, the take-up of space in the previous year was exceeded by almost 14 per cent. However, market analysts, such as Sven Tilse of NAI apollo, see a below-average result in a long-term comparison.

Analyse Infographic Report

REALOGIS Research: Rental prices for logistics space continued to rise in 2025

In 2025, rental prices for logistics space in Germany continued to develop positively. REALOGIS reports rising prices for both new and existing space with stable demand in top 8 markets.

Analyse Report

Premium real estate in Hamburg: DAHLER analyzes transaction activity in 2025

In 2025, the price of a condominium in Hamburg reached a new high of 36,971 euros per square metre, while the highest total sales price was 13.5 million euros. DAHLER examined the markets and found an increasing demand in the premium segment.

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