Real Estate: Germany Losing Attractiveness for Real Estate Investors
A new study names the cities with the best opportunities for investments in Europe: The number of German metropolises in the top ten is decreasing. Who are the winners now.
Germany's real estate market is losing ground in European competition, with international investors putting more money into properties in other countries. According to a study by PwC and the Urban Land Institute, investments in German commercial and residential properties continue to decline. The study, which surveyed 1488 leading real estate experts, found that only three German cities - Munich, Berlin, and Frankfurt - are among the top 10 cities with the best investment and development prospects in Europe.
London remains at the top of the ranking for the sixth time in a row, while southern European cities such as Madrid, Milan, and Lisbon are gaining popularity. Germany's transaction volume fell by 17% to 38 billion euros in the past year, the highest decline among major European markets.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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