Markets

Savills: Madrid and Paris currently offer the most attractive office property prices in Europe

From a fair value perspective*, the Madrid market and the Central Business District (CBD) of Paris are currently the most attractively valued European office markets, reports Savills.

“Responsibility for Germany”: What are the implications of the coalition agreement for real estate law and the real estate industry?

IRE|BS Viewpoint No. 142 by Attorney-at-Law, Dr. jur. Leopold Winkler with an in-depth look at the effects of the coalition agreement for real estate law and the real estate industry.

Slight increase in activity in a turbulent environment

Savills Market in Minutes: Investment Market Germany

Deglobalisation 2.0: Real estate

Real estate has shown it can perform even amid higher inflation and rising rates, providing growth is strong. How does a ‘deglobalising’ world change the picture?

The time of waiting is over. Aengevelt expects yields on real estate to rise again.

Further key interest rate cuts promised by the ECB are counteracted by the federal government's borrowing ("debt package"), so that Aengevelt expects an average interest rate of 2.8% for ten-year German government bonds in the course of 2025.

Secondary market: New liquidity for real estate investments

Many institutional investors find themselves in a quandary. On the one hand, they want to reduce their positions in real estate funds, but on the other hand, the direct redemption of fund units is often not the optimal solution. The secondary market of the Private Markets fund exchange in Hamburg provides a remedy.

Retail investment market in Germany: High momentum in the portfolio sector continues; However, sales drivers are still missing

The retail investment market carried the momentum from the year-end business in 2024 into the first quarter of 2025, but without being able to report an extremely high total volume in the interim balance sheet.

Office investment markets: strong start to the year

In the first quarter of 2025, office properties have regained their traditional leadership role, which they had lost in logistics real estate over the past two years.

“Every property needs a story!”

Real estate market commentary by Mark Aengevelt, Managing Partner of Aengevelt Immobilien.

Hotel investment market: Not yet high turnover, but a good number of deals and positive market sentiment for Q2

Even though the upward trend has not yet been sustainably reflected in the investment data, the hotel division has continued the recovery course of its market environment unabated in the first quarter of 2025.

Logistics investment market: Individual deals determine market activity

The logistics investment market started 2025 with an investment volume of just under €1.3 billion, around 8% below the comparable figure for the previous year and 31% below the ten-year average.

Top6 office markets: More dynamism through large-scale lettings

Savills examined the German office leasing market in the first quarter of 2025. Here are the most important results.

Residential investment remains the asset class with the highest turnover

The German residential investment market was able to transfer the market recovery that began last year to the new year 2025. The investment volume increased significantly in the first three months compared to the previous year, and € 2.5 billion was invested in larger residential portfolios (from 30 residential units).

Savills: German real estate investment market records slight increase in transaction volume in turbulent environment

On the German real estate investment market, commercial and residential real estate* changed hands for around EUR 34.6 billion in the past twelve months.

The recovery of the investment markets continued in the first quarter

The increase in investment turnover in Germany not only continued in the first quarter of 2025, but even accelerated slightly. With a total result of just over €8.4 billion, the transaction volume increased by a good third compared to the previous year.

The ever-changing future of retail

IRE|BS Standpunkt No. 141 by Prof. Dr. Tobias Just, FRICS, University of Regensburg and IRE|BS Real Estate Academy, with an outlook on the challenges and prospects for retail real estate.

Office markets compared: Berlin vs. Munich

German office markets thrive on the individual DNA of the respective city. User and thus demand structures often differ greatly from each other.

Office Property Study: The Concepts of Tomorrow

Office properties must adapt to the new hybrid working environments and redefine themselves accordingly. Which trends investors should keep an eye on.

Further signs of a market recovery in Europe: The Catella Macroeconomic Dashboard

After difficult years on the European residential real estate market, there are increasing signs of stabilization. Macroeconomic factors continue to be the most important drivers of market development and shape investment decisions.

MIPIM 2025: Trust as a business basis for liquid new business.

Statement by Mark Aengevelt, Managing Partner of Aengevelt Immobilien, on the MIPIM real estate fair in Cannes

Office renovation volume at record level

For the second time, we have analysed the renovation activities in the office segment in the German A-cities. The latest edition of the apoprojekt Inventory Compass shows that the importance of existing properties continues to increase – and with it the volume of renovations.

Things are looking up – at a snail’s pace

European real estate investment volume likely to exceed €50 billion in Q1 2025

According to the latest study by Savills, European real estate investment volume is expected to exceed €50 billion in the first quarter of 2025, an increase of 28% compared to the previous year.

500 billion euros that change a lot

Market in Minutes: Investment Market Germany