Germany becomes one of Europe’s safest commercial property havens | 16 August 2013
Germany is becoming one of Europe’s safest havens for commercial property investment, according to new figures.
Research conducted by Colliers International has indicated that volumes of investment in commercial real estate grew by 39 per cent in the first half of 2013 in comparison to last year.
According to property-magazine.eu, this makes it one of the continent’s most trusted markets, along with the United Kingdom.
Low interest rates have been cited as a major factor behind the surge in interest. It has also been suggested that investors are comforted by the nation’s overall economic standing compared to neighbouring countries in the Eurozone.
The annual transaction volume for Germany’s commercial property market has been tipped to reach 25 billion euros.
Bloomberg.com reports on research from Savills, which suggests that the level of investment in German commercial property was at its highest since 2008 during the first half of this year.
What’s more, the VDP Association of German Pfandbrief Banks office price index suggests that office prices rose by 5.6 per cent in Q2 2013, which is the biggest rise since the same period last year.
This is despite many reports suggesting that demand for German office space is outpacing the supply.
The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.
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