Markets

Why coordination is becoming more important than analysis again

Technology makes analyses cheaper, regulation makes unclear division of labor more expensive. As a result, coordination and responsibility are becoming increasingly important in the fund industry. Competitive advantage comes from the consistent organization of analysis, decision-making, accountability, and execution.

Clustered and in waves: clear industry focus in the expansion activities of retailers from Asia

Asian brands are currently continuing to be very expansive in German city centre locations. The latest market entry is the South Korean label Moida K-Beauty for around 1,200 m² at Spitalerstraße 10 in Hamburg. This is the result of a recent analysis of Asian retailers in Germany by BNP Paribas Real Estate.

Italy’s solar momentum risks cost overruns unless grid and permitting improve, says GlobalData

GlobalData warns: Italy's solar boom threatens to become more expensive and slower without faster permits, grid expansion and more flexibility. A new report shows solar PV as the fastest-growing segment; rising electricity demand and hybrid projects are increasing the pressure.

One year after the end of the KIM Regulation: Financing remains a central issue in the acquisition of property

A Gallup poll shows: Only 18 percent of Austrians consider housing loans to be more easily available since the end of the KIM Regulation (June 2025). Financing remains a central hurdle. Banks see more room for manoeuvre and advise early discussions with the bank.

Labour market in the real estate industry is being reorganised: More candidates for fewer management positions

In the first half of 2026, the labour market in the real estate and construction industry is selective: more managers meet fewer management roles. Profiles for existing buildings, building services, property management and accounting are in demand; alternative forms of housing are on the rise. Gain AI skills and salary transparency.

PKF hospitality group: Global migration of high-net-worth individuals is changing the luxury real estate market and driving the boom in branded residences

Together with the Future of Hospitality Institute, PKF hospitality group publishes a white paper on relocation trends for wealthy individuals. Increasing mobility is driving the demand for branded residences. New hotspots, AI and sustainability are shaping the segment.

Spain’s offshore wind growth hinges on permitting overhaul, says GlobalData

Spanien steht vor dem Start seiner Offshore-Windbranche, doch Tempo und Klarheit bei Genehmigungen und Zonierung sind entscheidend. Laut GlobalData werden Auktionsdesign, Netzzugang und Umweltauflagen binnen 12–18 Monaten über das 1–3‑GW‑Ziel bis 2030 entscheiden.

Retail: Inner cities are recovering – but only in the best metres

Bulwiengesa and ImmoScout24 publish the GewerbeBarometer on the German commercial real estate market for the first time. In prime locations in A-cities, prime rents are stabilising around €250/sqm, while supply has increased by around 33% since 2022 and demand is focused on top locations.

New study by Wüest Partner: Heat stress is becoming a relevant location factor

A new study by Wüest Partner shows that heat stress is becoming a relevant location and building risk for the real estate industry. Densely populated areas in the southwest are particularly affected; even neighboring neighborhoods differ greatly. Investors and municipalities should adapt ESG analyses.

China risks grid reliability challenges as renewables ramp up, says GlobalData

GlobalData warnt: Ohne mehr Flexibilität, Netzausbau und klare Regulierung drohen Chinas Stromnetz bei wachsendem Ausbau der Erneuerbaren Engpässe und Abregelungen. Solar, Wind und Speicher wachsen stark, Kohle rückt zur Reserve; Übertragungslücken und Fragmentierung bremsen.

UK VC funding value surges 142% YoY in January–May 2026, reveals GlobalData

GlobalData reports a 142% year-on-year increase in VC funding volume in the UK for January–May 2026, with a near-stable deal count (-1%). Larger tickets are driving the market: The average deal value rose to $31.6 million (previously $12.9 million).

Falling surcharge values exacerbate tense situation – night-time noise throttling as an underestimated economic risk

Competition for new wind projects is intensifying: In the BNetzA tender of February 2026, the average was 5.54 ct/kWh, costs are rising. Night-time noise throttling endangers economic efficiency. If unnecessary requirements are removed, +11% yield is possible.

Switzerland faces critical solar and storage inflection as nuclear phase-out looms, says GlobalData

Switzerland is at a turning point in the energy transition: with the phase-out of nuclear energy, solar PV and storage will become central pillars by 2030. Regulatory reforms and incentives are driving investment, but grid expansion, winter reserves and permits remain key issues.

“Aengevelt: Politics reduces rental housing supply.”

Aengevelt predicts a further decline in the supply of affordable rental apartments, as political regulations make renting unattractive. Up to three million apartments could fall out of rent; Small landlords react with sales, vacancies or conversions.

Federal budget under pressure: DZG warns of new cost shock

The think tank Future of the Hospitality World warns of noticeably rising tax and social security contributions. Pension reform and a possible withdrawal of the reduced gastro sales tax could drive up costs and jeopardize mini-jobs. DZG pleads for a tax policy alliance.

Logistics market loses boom momentum – but remains a stable anchor

The GewerbeBarometer by bulwiengesa and ImmoScout24 shows that the logistics market is losing boom momentum, but remains stable. New construction volume in 2025 approx. 4.3 million sqm; Offer since 2022 +80%. Demand is differentiated, with prime rents close to €10/sqm (Munich €10.90).

Real estate financing remains under pressure in the second half of the year

At an online press conference organized by Rueckerconsult, Prof. Dr. Felix Schindler, Head of Research & Strategy at HIH Invest, Stefan Hoenen, Head of Commercial Real Estate at Hamburg Commercial Bank, Fabio Carrozza, CSO of BF.direkt AG, Torsten Hollstein, Managing Director of CR Investment Management, and Alexander Lackner, CEO of neworld, discussed the prospects of the financing market in the second half of 2026.

Office market in upheaval: More vacancies – but rising rents

bulwiengesa and ImmoScout24 are presenting the GewerbeBarometer for the first time: in 2025, take-up in the office market will fall by 8% to 4.1 million sqm, while vacancies will rise to 6.3% nationwide and 8.4% in A-cities. At the same time, prime rents are rising; Conversions remain difficult.

Office properties in greater demand again among lenders in Europe

CBRE reports a much more positive lender sentiment towards office properties: In the European Lender Intentions Survey 2026, the sector moves up to third place, prime assets are in demand. Data centers and alternative segments are gaining, LTVs and development finance are increasing, especially by non-banks.

Apartment prices fall, house prices rise: Berlin’s premium real estate market is divided into two

DAHLER analyzes ImmoScout24 data for Berlin: In the premium segment, house prices rose by 11.8% in Q1-2026 – more than in all top 7 cities; supply is growing, demand is falling by 22%. For premium apartments, supply increased by 19.8%, demand by 9%, and the median price fell to €8,875/m² (-5.7%).

Supply is growing, prices are falling: Frankfurt’s premium real estate market is becoming more buyer-friendly

A generational change is reviving Frankfurt's premium house market: older people are looking for more flexible forms of living, families are taking advantage of the larger offer. DAHLER reports more choice, falling prices and rising demand; despite higher interest rates, the premium segment remains stable, buyers are checking more closely.

Premium Real Estate in Hamburg: Supply Grows, Prices Remain Stable – More Choice Opens Up New Scope for Buyers, Demand Develops Differently Depending on the Segment

DAHLER analyzes Hamburg's premium real estate market Q1/2026: Supply is growing significantly, while prices remain stable. Demand for apartments increases by 18%, for houses it falls by 10%; Medians: €12,504/m² (apartments) and €10,913/m² (-1.7%) in the housing market.

More supply, less demand, higher prices: In no other top 7 city are prices climbing as much as in Stuttgart

DAHLER analyzes ImmoScout24 data: In Stuttgart, prices for premium apartments rose by 10% in Q1 2026 – the strongest growth among the top 7. Demand fell by 3%, supply grew by 10%. Prices for premium houses fell by 8.2%, while supply shrank by 5.3%.

Top 5 reasons to invest in data centers in 2026