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| German residential property portfolio increased by 44% to 6.1 bln Transaction volumes across German residential property portfolios of more than 50 units increased by 44% year-on-year to 6.12 billion in 2011, new research from CBRE has revealed. The number of traded residential units also increased by 27% to around 92,000 units within 194 transactions, indicating that the market for large portfolios of over 1,000 units has regained momentum.spliter The demand for residential units in Berlin was particularly strong. The federal capital traded around 2.3 billion and more than 32,300 residential units last year, which accounts for 37% of the registered investment volumes and 37% of all residential units in Germany. As a result of the large transaction volumes and high-end development projects in Berlin, the average price per mē increased to 1,033. CBRE attributes the run on German housing stock to the impact of the European sovereign debt crisis, which is driving German and international institutional investors towards tangible assets and the country's stable residential market. write your comments about the article :: Đ 2012 Construction News :: home page |