Immobilien`: „Langsam kommt wieder Bewegung in den Transaktionsmarkt“
Nach langer Flaute kehren Investoren auf den Immobilienmarkt zurück, sagt der Chef des Immobiliendienstleisters CBRE Deutschland – und erklärt, warum die Zinswende ein Aha-Moment für ihn war.
CBRE Deutschland's Managing Director, Kai Mende, recently commented on the growing movement in the transaction market for commercial real estate. As one of the largest providers of commercial property services and investments globally, with over 150,000 employees across 100 countries, Mende oversees CBRE's German operations since 2024. Prior to joining CBRE, Mende spent nearly two decades at competitor Jones Lang LaSalle (JLL).
Mende believes the greatest untapped potential lies in active asset management, which involves strategic investment in properties that are modernized or revitalized to increase their value. However, a challenge exists as many properties were not available for sale following the interest rate shift due to differing expectations between sellers and buyers.
Nevertheless, a sense of movement is returning to the transaction market. For Mende personally, the most significant insight was witnessing how rapidly market mechanisms can change following the interest rate shift in 2022. Prior to this, the real estate market was experiencing an unprecedented super-cycle that seemed unstoppable, even unaffected by the pandemic. Post the rate hike, the market has normalized somewhat.
Recently, Mende expressed particular enthusiasm for a forthcoming project in Berlin, where he is closely observing the transformation of Alexanderplatz. This area has the potential to evolve into a modern center with a skyline comparable to Frankfurt, a rarity in Germany.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.