"The German residential investment market enjoyed the most dynamic start to a year since the record year of 2015. The transaction volume in the first quarter of 2018 totalled around €4bn, representing an increase of 9% compared with the opening quarter of last year.The top seven cities accounted for 36% of the transaction volume, which is materially ahead of the five-year average of 48%. The fundamentals favour investments outside of the A-cities. The number of households, and hence demand for housing, is expected to rise in around half of all districts (in German: Kreis) and urban districts (in German: Landkreis) by 2030."
"With a transaction volume of €2.6bn, the third quarter yielded the lowest level of investment of any quarter in the current year. Investment during the first nine months of 2018 totalled almost €11.3bn, representing an increase of 8% compared with the corresponding period last year. The increase in the transaction volume is (still), to a large extent, attributable to price rather than volume. The average price per apartment in the A-cities has even exceeded the €200,000 mark for the first time. This recordhigh price is largely attributable to the fact that development acquisitions have accounted for more than a third of the overall transaction volume in the A-cities during the year to date.A separate analysis of purchases of developments and existing property reveals that prices in both segments have only increased marginally, i.e. by less than 5% compared with last year."
"Across the prime country market prices have, on average, softened over the last year but across the Midlands, North and Scotland prices continue to rise"
"Properties in the German residential investment market changed hands for around €8.8bn in the first half of the year, an increase of 19% compared with the corresponding period last year. Almost 45% of the volume was attributable to two company acquisitions.The average size of residential portfolios transacted fell by 15% over the last 12 months, which is likely a consequence of the low supply of large portfolios of existing property. For investors seeking to build larger portfolios, therefore, there is scarcely any alternative to acquiring several smaller portfolios. Against this background, development acquisitions are becoming increasingly important, accounting for 26% of the transaction volume."
"From mergers and tenure types to land and policy, housing sector personnel reveal the key challenges they face on housing delivery"
"From social rent to mergers and funding, here are the key points from our housing sector survey that will define future development and activity"
"Increasing demand from those with complex needs is putting pressure on the sector"
"Distinctions between tenure types and the funding that is allocated to them is making it difficult for the sector to provide affordable homes"