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German real estate attracts investors

by Andrea Waitrovich

The investment market for German commercial real estate accelerated even further during second quarter 2015, according to Savills. In the second quarter, more than €14 billion ($15 billion) was invested into commercial properties in Germany, which brings the half-year total to €23.8 billion ($26.2 billion). Germany’s 12-month investment volume rose by 18 percent compared with the 12-month volume at the end of the first quarter to €46.8 billion ($51.53 billion). “What we are currently seeing on the German commercial investment market is to be called a supercycle, and the first half of the year can only have been a temporary peak,” said Andreas Wende, COO and head of investment – Germany at Savills, in a statement. Throughout the first half of 2015, more than €9.5 billion ($10.5 billion) was invested in retail properties. Office investment totaled €8.7 billion ($9.6 billion),

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