Savills has looked at the real estate investment market in Germany and recorded the observations in its digital dashboard.
The results in brief:
- From January to August 2026, German commercial and residential real estate* changed hands for around 17.7 billion euros. This corresponds to a decline of 4% compared to the same period last year and is about half as much as the average of the last ten years.
- In the last twelve months up to and including August 2026, we registered a transaction volume of approx. EUR 33.1 billion. This is 8% less than at the same time a year ago. The number of transactions in the last twelve months amounted to just under 1,200, 4.5% above the previous year’s level.
- In the top 6 markets, around EUR 13.1 billion was turned over in the last twelve months (39% of the nationwide transaction volume). Compared to the previous year, this represents an increase of 10%.
- The type of use with the highest take-up in the last twelve months was residential real estate (approx. EUR 8.8 billion), followed by offices (approx. EUR 5.9 billion) and industrial/logistics real estate (approx. EUR 5.8 billion).
* only transactions with at least 20 residential units
