Demand for high quality apartment portfolios in Germany remained high in 2009 according to market research performed by Savills Deutschland (view link for details in German).
Investors targeted high quality properties or developments in prospeperous metropolitan areas. This is reflected in the relatively high average price of 55,000 Euros per unit. This price does not represent an increase in price level in Germany, only the demand for higher value property.
There is still clear demand by institutional investors, mostly Property Funds and Private Investors for adequate properties. The availabilty however is reduced as owners are reluctant to sell facing fears of inflation and uncertainty about alternative investment options outside the property market in 2010. There is no clear indication for demand for lower quality properties yet and it will be a development to look out for in the first months of 2010.
For support in the identification of the right investment targets please visit our website at www.berlin-portfolio.com. Especially for international Private Investors and Property Funds we provide a task force service for quick reaction to interesting opportunities.
We provide independent support for the property search including foreclosure or auction properties and their valuation or appraisal. (Also see our free property market Research Service)
Please use this link to the contact facilities provided there to place any requests .
Uwe Falkenberg
