German office real estate investment market achieves significant growth in 2021

The German office real estate investment market achieved a transaction volume of €30.5 billion ($34.6 billion) in 2021, marking growth of 11 percent compared with 2020, according to CBRE. Office retained its position as the most important commercial real estate asset class, ahead of logistics and retail by a significant margin. The share of German investors increased to 63 percent.

“Even if the office investment market has not yet come close to the 2019 record result, it nevertheless displayed its customary momentum in 2021. The issue discussed at the start of the pandemic about the future of office has been clarified for most investors: Office usage is set to change, but the need for office space is not going to decline. Companies and employees are increasingly coming to appreciate the advantages of a contemporary working environment that is conducive to communication and creativity and human centric. Especially the best office space in the Top 5 markets is meeting with