• The first quarter of 2020 saw €8.17bn invested in Germany’s office market. Compared with the first quarter of 2019, this marks an increase of 44%
  • 80% of the transaction volume in the first quarter of 2020 was attributable to the Top 7 cities. Berlin proved to be the strongest office investment market with 31% of the overall volume, followed by Frankfurt (20%), Düsseldorf (10%), Munich (9%) and Hamburg (7%)
  • The prime yields in the Top 7 markets averaged 2.89%, reflecting a decline of 0.3 %-points compared with the first quarter of 2019
  • Portfolio transactions were much more prominent in the first quarter and took a share of 35%, which was due to a series of large-scale portfolio deals
  • In tandem with the high proportion of portfolio transactions, the share of international investors in the market rose by 10 %-points to 49% compared with Q1 19