The German commercial property market has often been a domestic affair, but the country’s economic growth and rising values have meant that more foreign investors have been allocating capital to the country.
From a post-crisis low of €10.5 billion in 2009, the German property market attracted €30.4 billion of deals last year, according to CBRE. The property consultant predicts that deals this year will exceed €35 billion. In the first half of 2014, investors spent €16.9 billion on commercial real estate, a 27% year-on-year rise.