Commercial real estate investment turnover in Germany grew to EUR 19.1 bn in 2010, an 83% increase on the total turnover recorded in 2009, according to the latest data published by CB Richard Ellis (CBRE). The growth in investment stems from rapid economic recovery and sustained investor confidence in the German market.
The fourth quarter (Q4) of 2010 alone registered transaction volumes of EUR 6.8 bn, which was the highest quarterly total since Q1 2008.
A notable feature of the German investment market in 2010 has been a significant increase in the number of large deals, with over 34 EUR 100 mln-plus deals transacted last year, including the sale of the Opernturm in Frankfurt. (more)
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