Apartment rentals continue to be popular in Germany in 2020. The country’s ownership rate has barely shifted despite high transaction volumes in the residential sector and continues to be one of the lowest in Europe. Nevertheless, the housing segment recorded roughly €186bn in transaction volume with multi-family properties accounting for around €58bn. Not only does this make housing the largest real estate asset class but also one that is very close to people’s lives.
The latest 2020/2021 Residential Investment Report comprehensively analyzes and evaluates 42 German cities. The findings: Germany is one of Europe’s most secure and most stable residential markets, even in these times colored by previously unknown certainties due to COVID-19. Megatrends like urbanization remain strong despite the current challenges being faced by the economy and the real estate sector.