This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

German Office Investment Up 50% Y-o-Y

First name: 

 

Last name: 

 

Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category

Archives



Germany  Office Property Investment  Hamburg  Munich  Berlin  BNP Paribas  Safe Haven Investing  Cologne  Sven Stricker 

German Office Investment Up 50% Y-o-Y

By - Friday 26 October 2012

New data from BNP Paribas shows massive growth in the German office sector in the first nine months of this year compared to the same period last year. The data, from the firm's German real estate division shows that investors put 6.27 billion Euros into office property in the country up till September this year. That not only represents a growth of 50% compared to the same period last year, but is more than any year for the last 5.

According to the report Berlin and Munich were the favourite cities, with office investments rising 172% and 138% respectively, while investments in Düsseldorf, Cologne and Hamburg decline during the period.

"Safety-oriented investors see good conditions here due to the relatively stable economic and employment situation," Sven Stricker, head of investment at BNP Paribas Real Estate GmbH, said in his company's statement. "Office investments have a good medium-term outlook, assuming the Euro crisis doesn't escalate."

Investors are seeking a safe haven as they fear the Euro zone's sovereign-debt crisis will worsen, Stricker said.

Germany continues to attract safe-haven investors because it is Europe's largest and safest looking economy. Indeed, investors are quite happy to pay Germany for the privilege of lending to it, with yields on German bonds taking up residence in negative territory over recent months.

The German government predicts the country's economy will grow 0.8 percent this year, while the Euro-nations are expected to contract 0.4% on the whole.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here


Comments

 

*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.


«« Back to IPIN Live

Follow IPIN Global


Latest Content

Recent Comments

Powered by Disqus