Germany's property investment market is considered to be "stable and prosperous" among investors, CB Richard Ellis (CBRE) has revealed. Research carried out by the firm found that many German commercial property investors are turning their attention to the domestic market, while professionals from the US have also shown an interest in the country's assets.
CBRE went on to note that German open-ended funds have had strong appeal in the UK, Belgium and Sweden, as well as among native investors. Head of Europe, Middle East and Africa capital markets at the company Jonathan Hull explained that economic uncertainty on the continent has resulted in caution among investors. "This is benefiting the Nordics and Germany in particular, where fundamentals are considered to be robust and real estate investment remains strong," he stated.
According to a CBRE report issued earlier this month, retail investment activity has been high in Germany, as well as in Russia, Poland and the Nordic nations. During the first half of the year, retail properties accounted for 37 per cent of all commercial real estate transactions in Europe.
- Monday 22 August 2011