In 2010 average rents and prices on the German residential property market climbed by 2.0% compared to 2009, while commercial properties went up by only 0.9%. Rents in new buildings also showed an above-average increase (+2.5%); prices for subsequent lettings climbed by 2.3%. The effects of the crisis, BulwienGesa says, were most clearly evident for office rent, which went up by only 0.7%.
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Urban Land And Property Markets In Germany (European Urban Land & Property Markets 2)
Thursday, 20 January 2011
Prices for residential properties climbed significantly
Posted by Uwe at 18:08
Labels: German property, German property market, Germany property, Germany Real Estate, investment property, property market, real estate market
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