Real estate market report 

 2020 / 2021


+++ NEWS ++++ 2021 - Another good year despite Corona +++ NEWS +++

The current record numbers for 2020 have been announced.

Despite Covid 19, 2020 met its high expectations, with a transaction volume of € 78.6 billion in 2020, with a slight decrease of 14% compared to the previous year 2019, which resulted in a transaction volume of € 91.3 billion . €uro previously reached.

From 2020 to 2023, Trend Investment real estate will focus on residential real estate, residential and commercial buildings / mixed with retail and clearly on logistics real estate in the top 7 cities due to increased online trading.

# Short report KI - Kreth Immobilien Medien 01/2021

Market report hotel 

2020

# Market report annual report 2020 in the hotel sector

In 2020, a transaction volume of EUR 1.3 billion was achieved with a decrease of -60% compared to the previous year 2019. Foreign investors achieved a transaction volume of 44%. Downward trend.


2020 = 1.3 Mrd. €uro

2019 = 5.0 Mrd. €uro

2018 = 4.0 Mrd. €uro

2017 = 4.2 Mrd. €uro


• Up to 100 million €uro = 23.9 %

• From 50 - 99 million €uro = 28.1 %

• From 25 - 49 million €uro = 23.6 %

• From 10 - 24 million €uro = 16.8 %

• Less than 9 million €uro = 7.6 %


Hotel investments 2020 in the most popular top 7 cities:

1st place = Berlin = - 24%

2nd place = Munich = - 36%

3rd place = Hamburg = + 14% <<<<

4th place = Düsseldorf = -68%

5th place = Frankfurt = - 89%

6th place = Cologne = - 88%

7th place = Stuttgart = - 76%


Buyer groups place 1 - 8

1st place = Immobilien AG`s = 22%

2nd place = special fund = 21.1%

3rd place = asset manager = 11.2%

4th place = private investors = 9.3%

5th place = insurance = 8.4%

6th place = project developer = 8.0%

7th place = family office = 6.3%

8th place = remaining investors = 13.7%


Report KI - Kreth real estate Medien 2021

Market report retail 

2020

# Market report annual report 2020 in the retail sector.

Retail properties achieved a transaction volume of € 12.3 billion in 2020, with 2020 recording a + of 4% despite the corona crisis; in contrast to the previous year 2019, there was a transaction volume of around € 10.1 billion.

Transaction volume per year / €uro:

2020 = 12.3 billion euros

2019 = 10.1 billion euros

2018 = 9.8 billion euros

2017 = 12.0 billion euros

1st place = 57.4% specialty stores / supermarkets and discounters with 7th billion €uro transaction volume

2nd place = 18.5% department stores

3rd place = 13.5% commercial buildings

4th place = 10.6% shopping center

The average prime yield in Berlin and Munich in 2020 was 2.8%, in Hamburg 3.0%, compared to the previous year 2019 it was 2.75%. volume_upcontent_copyshare.


The top 7 - A cities had dropped 22% in retail, only Hamburg performs better in 2020 than in 2019 compared to the previous year at € 695 million.

1st place = Berlin = 1.5 billion euros

2nd place = Munich = 890 million euros

3rd place = Hamburg = 695 million euros

4th place = Stuttgart = 175 million euros

5th place = Düsseldorf = 155 million euros

6th place = Frankfurt = 111 million euros

7th place = Cologne = 10 million euros


The top 8 buyer groups in 2020 were:


1st place = special fund = 20.8%

2nd place = asset manager = 20.1%

3rd place = Equity / Real estate funds = 15%

4th place = Real estate AG`s = 10.5%

5th place = sovereign wealth fund = 6.5%

6th place = project developer = 6.3%

7th place = private investors = 3.3%

8th place = remaining investors = 17.5%

# Brief report KI - Kreth real estate media 2021


Market report office and logistics

2020

# Office and logistics real estate annual report 2020.

The transaction volume for office real estate in 2020 was € 24.6 billion, which corresponds to a market share of 40%. Compared to the previous year 2019 a - of 36% was recorded. The market share for logistics real estate was 13%. Compared to the previous year 2019, a plus of 5.5% was recorded in 2020, the transaction volume here was € 7.9 billion.

Office real estate 2020:

The top 7 locations in 2020 for office real estate were:

Place 1 - 7:

1. Berlin = 5 billion €uro

2. Frankfurt = 4.7 billion euro

3. Hamburg = 3.1 billion euro + 7% compared to the previous year 2019

4. Düsseldorf

5. Munich = € 2.7 billion euro

6. Stuttgart

7. Cologne


Transaction volume in ASSET classes 2020 - market share:

1st place with 40% office

2nd place with 20% retail

3rd place with 13% logistics


Office investments buyer groups in 2020:


1st place = special fund = 24%

2nd place = insurance = 14.6%

3rd place = Immobilien AG`s = 14.5

4th place = asset manager = 13.6%

5th place = pension funds = 6%

6th place = family office = 4.4%

7th place = real estate company = 4.4%

8th place = remaining 18.5%


Transaction volume 2020 in % / market share:

1st place = up to € 100 million = 66.7%

2nd place = 50 - 99 million € uro = 14.3%

3rd place = 25 - 49 million € uro = 10.2%

4th place = € 24 - 10 million = 6.9%

5th place = less than € 10 million = 1.9%

The peak returns in 2020 in Berlin and Munich amounted to 2.55%, Cologne to 2.95% and in Hamburg the return was slightly higher.


Logistics real estate in 2020: The focus of logistics investments in 2020 was clearly on the food sector and e-commerce and the rest was distributed to the automotive sector. volume_upcontent_copyshare.

The top 8 locations 2020 in sales and % market share were:

1st place = Berlin = 2.6 billion €uro = + 39%

2nd place = Munich = € 440 million uro = - 1%

3rd place = Hamburg = € 384 million = + record reached

4th place = Frankfurt = 344 million euros = - 26%

5th place = Stuttgart = € 165 million uro = + 36%

6th place = Cologne = 112 million euros = + 4%

7th place = Leipzig = € 65 million = - 53%

8th place = Düsseldorf = € 41 million = - 71% volume_upcontent_copyshare


According to size classes in million euros:


1st place = up to € 100 million = 49.9%

2nd place = 99 - 50 million € uro = 17.7%

3rd place = € 49- € 25 million = 14.9%

4th place = 24 - 10 million euro = 12.5%

5th place = less than € 10 million = 5.0%


Buyer groups in 2020 were:


1st place = special fund = 35.1%

2nd place = asset manager = 20.1%

3rd place = insurance = 10.5%

4th place = open funds = 8.2%

5th place = Immobilien AG`s = 5.7%

6th place = Equity real estate funds = 5.3%

7th place = corporate partner = 4.4% 8th place = remaining = 10.7%

Buyer groups by country:

1st place = Germany = 54.9%

2nd place = Europe = 22.2%

3rd place = North America = 14.6%

4th place = Asia = 3.7%

5th place = Middle East = 0.7%

6th place = remaining = 3.9%

Forecast trend for 2021 in logistics real estate is rising sharply

# Brief report KI - Kreth real estate media 2021

Market report residential 

2020

In 2020, a transaction volume of € 20.8 billion was achieved in the residential property sector. In contrast to the previous year 2019, there was a + of 7% on the transaction market despite Corona. In 2019, a transaction volume of around € 19.5 billion was achieved.


• Forecast for 2021:

• The trend is rising / Existing portfolios of 30 units or more are still in demand

• Construction projects / development projects are still in short supply


Investments by asset class in%:

1st place with 58% existing properties

2nd place with 15.1% projects

3rd place with 11.1% older properties

4th place with 4.5% modern existing properties

5th place with approx. 11.3% remaining


Investments in asset classes / € uro with% market share in 2020:

Less than 10 million = 3.8%

up to 10 million = 11.0%

up to 25 million = 13.2%

up to 50 million = 11.5%

up to 100 million = 60.5%


Investment according to buyer groups

1st to 8th place

1st place = 44.0% = Immobilien AG`s

2nd place = 15.6% = special fund

3rd place = 11.6% = asset manager

4th place = 6.7% = real estate company

5th place = 4.6% = pension funds

6th place = 4.5% = Equity Real Estate Funds

7th place = 4.2% = public sector

8th place = 8.8% = remaining


The investment buyer groups in 2020 were:

1st place = 50.1% = Germany

2nd place = 30.3% = Middle East

3rd place = 15.3% = Europe

4th place = 3.6% = North America

5th place = 0.7% = other


The following transaction volume could be registered in the A cities:

1st place = Berlin = € 3.9 billion

2nd place = Frankfurt = € 1.3 billion

3rd place = Hamburg = € 1.0 billion

4th place = Munich = € 628 million

5th place = Düsseldorf = € 575 million

6th place = Cologne = € 307 million

7th place = Stuttgart = € 30 million


# Brief report KI - Kreth real estate media 2021

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