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28 May 2012

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German 2009 housing portfolio deals seen at E2.6bn, 10yr low

Investment in German residential portfolios stabilised at a low level last year, their lowest in 10 years, with just 49 transactions for more than 250 housing packages conducted, according to realtor Cushman & Wakefield. These covered only around 51,000 residential units and a value of some E2.6bn. Altogether, some 1.1m units have been sold in German housing portfolios in the last five years. (See upcoming PIE editions for full story)

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