Statements

Personal comments and statements on current developments from and for the real asset world

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Andreas Ewald, Head of Hotel bei Colliers
Bildquelle: Colliers
Quarterly Report

Colliers: Europe is picking up, Germany remains selective – operator structures as central value drivers in the hotel investment market

The European hotel investment market will show positive developments in 2026, while Germany will be selective. Operator structures are seen as central value drivers, which shapes investors' assessment of operator quality and contract structures.

Comment

“The promised boost with increased tender quantities for wind power is an important sign of the achievement of the ambitious climate targets.”

Statement on the Federal Government's Climate Protection Programme by Thomas Lehmann MRICS, CVA, HypZert F, Director at Wüest Partner.

Comment

Market comments on the climate protection programme of the German government: “The direction is right, but the effect is not decided on the street, but in the building.”

Patrick Lange, Managing Director at agradblue | part of Westbridge, and Markus Hamacher, Managing Director at Westbridge, with statements on the climate protection program of the German government.

Prof. Dr. Felix Schindler, HIH Invest (Copyright: HIH Invest)
Comment

“By maintaining the key interest rate level, the ECB is confirming market expectations.”

The ECB is keeping the key interest rate stable. Due to uncertain data and unclear Middle East consequences, an increase remains open, but is more likely. Rising long-term yields are influencing real estate markets; Quality and resilience are becoming central to investors.

Steffen Sebstian (Urheber: Christian Buck)
Comment

“The ECB is right to leave key interest rates unchanged.”

The ECB is leaving interest rates stable and is waiting because of geopolitical risks. Financial markets are reacting moderately, with long-term interest rates rising only slightly. For real estate, this means stability for the time being with an increased risk level.

Maximilian Radert (Copyright: KINGSTONE RE)
Comment

“The ECB left key interest rates unchanged at its March meeting – as we expected.”

The ECB is pausing the key interest rate, but geopolitical tensions and higher energy prices are clearly shifting the risk in the direction of possible increases. Inflation expectations are now decisive – if they rise, the ECB is likely to have to act.

Francesco Fedele Vorstand
Comment

“The ECB’s decision to leave key interest rates unchanged was to be expected despite the current uncertainties.”

The ECB is leaving interest rates stable despite global uncertainties. For the real estate industry, the effects remain limited, but persistent inflationary pressure could make financing more expensive. Borrowers should now strategically examine interest rate hedging.

Symbolbild Quelle: Gemini/KI
Analysis Comment

Periscope Logistics publishes white paper on Defence Properties

Periskop Logistics has published a new white paper on Defence Properties in the logistics real estate market. In it, Dr. Kilian Mahler and Prof. Dr. Thomas Beyerle analyze the development of this new investment segment.

Foto von Valentin Kremer auf Unsplash
News

MIPIM 2026 – Voices from the Real Estate Industry

MIPIM 2026 in Cannes brings together over 20,000 decision-makers to discuss current projects and trends in the real estate industry. Leading figures are optimistic about more stable market conditions and the importance of sustainable investments.

Max Aengevelt, geschäftsführender Gesellschafter Aengevelt Immobilien (Bild: Aengevelt Immobilien)
Comment

“MIPIM 2026: Realism instead of champagne mood.”

At MIPIM 2026 in Cannes, there is a realistic working atmosphere without a champagne atmosphere. The industry is facing challenges in refinancing and is looking for safe investment opportunities.

Quelle: Unsplash
Analysis Comment

ZIA Spring Report 2026: Stabilization yes – return to peak phase no

The German real estate investment market will show initial signs of stabilisation in 2025 – albeit at a significantly reduced level.

Prof. Dr. Steffen Sebastian (Urheber: Christian Buck)
Comment

“The attack on Iran is causing considerable uncertainty in the financial and commodity markets in the short term – and this is also affecting the real estate and construction industries.”

Prof. Dr. Steffen Sebastian analyses and comments on the impact of the escalating conflicts in the Middle East on the real estate market.

(Copyright: BF.direkt)
Comment

“The escalation in the Middle East is an acute stress factor for the real estate industry, also in Germany.”

Francesco Fedele with a statement on the impact of the escalating conflicts in the Middle East on the real estate market.

Dr. Wulff Aengevelt, geschäftsführender Gesellschafter Aengevelt Immobilien (Credits: Aengevelt Immobilien)
Analysis Comment

“Aengevelt expects a significant increase in construction activities.”

Aengevelt Immobilien forecasts a significant increase in construction activity in Germany, especially in residential construction. This is based on rising order intake and positive economic conditions for 2026 and 2027.

Comment

Statement on the reform of the GEG to the GMG – Technology openness is right: Professional implementation is crucial

Alexander Ubach-Utermöhl, Managing Director of LAVA ENERGY, comments on the reform of the Building Energy Act and the Building Modernization Act and emphasizes the importance of technology openness in professional implementation. The abolition of the 65 percent requirement for renewable energies gives property owners new freedom of choice.

Dr. Johannes Fütterer, CEO aedifion (Copyright: aedifion/Hanna Witte)
Comment

“The key points of the planned Building Modernisation Act presented by the Federal Government are in clear contradiction to the underlying EU Building Directive”

Dr.-Ing. Johannes Fütterer, CEO of aedifion GmbH, on the Federal Government's new reform plans for the Heating Act.

Pressemitteilung der Ypsilon Group (Bildquelle: Ypsilon Group)
Comment

“Hope that the knot in the renovation backlog will now slowly be loosened”

Ulrich Creydt, tax consultant and managing director of Ypsilon GmbH Steuerberatungsgesellschaft, comments on the Federal Government's reform plans for the Heating Act.

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.

Prof. Dr. Steffen Sebastian (Copyright: IREBS)
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.

Prof. Dr. Felix Schindler, Head of Research & Strategy, HIH Invest Real Estate (Quelle: HIH Invest)
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.

Grafik zur EZB-Zinsentscheidung (Quelle: Urheber: Christian Buck)
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.

Thomas Lehmann von Wüest Partner (Thomas_Lehmann.jpeg)
Comment

Economic Development Act: Real estate funds are becoming drivers of the energy transition

The Economic Development Act allows real estate funds to invest up to 15 percent of their assets in renewable energies. This opens up new opportunities for institutional investors to become more active on the path to the energy transition.

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