Catella: Demand for office properties drives purchase prices in Germany
Strong demand for office properties – particularly from international investors in the top locations – means a further increase in purchase prices. “B” and “C” locations are also seeing this trend, in some cases with a delay. Rents are rising and yields continue to fall. However, the gap between the change in rents and purchase prices is becoming measurably bigger. Overall, office markets in 2016 promise a balanced risk-return profile.The analysis of 76 German office markets in the categories “A” to “D”, presented today by Catella, reveals a uniform picture: the persistent strong