19% drop in German property investment deals to €6.3bn ($6.8bn) in Q1, weakest since 2011.
German property slump deepens with a 19% drop in investment deals in Q1, reaching €6.3bn ($6.8bn), the weakest since 2011. Office, residential and warehouse property transactions fell, with sellers particularly struggling to find buyers for office buildings. The trend is reflected across Europe amid higher financing costs, slower economic growth, and sluggish return-to-office trends.
April 08, 2024
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