61% in GRI survey bullish about Germany real estate
61.2% of respondents to a GRI survey expect real estate markets to perform well/very well over the next year.
April 8, 2019Real Estate
The outlook for Germany’s real estate market is bullish, according to a recent GRI Barometer survey of real estate leaders in Germany. Asked how they expect German real estate to perform over the next twelve months, 61.2% of respondents said that they expect the market to perform either ‘well’ or ‘very well’ in the next 12 months, whilst 34.7% expect it to perform ‘OK’.
Reflecting their bullish view of the real estate market, 48% of respondents report that they are either investing or expanding their business in Germany, although 42% are observing or waiting to make decisions.
At present, interest rate rises are not a major concern, like they were last year: 72% of survey respondents do not believe that interest rates pose a risk to Germany’s real estate markets in the next 12 months. On the other hand, construction costs in Germany remain an issue for many market participants: 69.4% of survey respondents think that costs need to fall, while just 16.3% say that they are sustainable.
Respondents to the GRI Barometer survey represent a full range of investors, fund managers and developers at the most senior levels, including chairmen, CEOs, partners, managing partners and managing directors, all of whom invest in or have operations in Germany.
GRI Barometer surveys measure views on economic outlook, which cities and which sectors offer the best opportunities, and which sub-sectors respondents are tracking or investing in right now.
Full results of the GRI Barometer Germany 2019 may be accessed below.
Germany’s commercial and residential real estate markets will be discussed further at Deutsche GRI 2019 on 8-9 May in Frankfurt.
Reflecting their bullish view of the real estate market, 48% of respondents report that they are either investing or expanding their business in Germany, although 42% are observing or waiting to make decisions.
At present, interest rate rises are not a major concern, like they were last year: 72% of survey respondents do not believe that interest rates pose a risk to Germany’s real estate markets in the next 12 months. On the other hand, construction costs in Germany remain an issue for many market participants: 69.4% of survey respondents think that costs need to fall, while just 16.3% say that they are sustainable.
Respondents to the GRI Barometer survey represent a full range of investors, fund managers and developers at the most senior levels, including chairmen, CEOs, partners, managing partners and managing directors, all of whom invest in or have operations in Germany.
GRI Barometer surveys measure views on economic outlook, which cities and which sectors offer the best opportunities, and which sub-sectors respondents are tracking or investing in right now.
Full results of the GRI Barometer Germany 2019 may be accessed below.
Germany’s commercial and residential real estate markets will be discussed further at Deutsche GRI 2019 on 8-9 May in Frankfurt.
