News from 03/08/2007
According to Degi, it's anticipated that vacancies will sink and rents will increase in Germany's office centers. In the past year, an increase in net absorption in the German office strongholds was again recorded.
In the first two months of the year, there's already another increase in the investment boom on the horizon for the German market.
Details for the transaction have been provided.
Commerz Grundbesitz Gruppe (CGG, or Commerz Realty Group) acquired “Montijo Retail Park,“ a project development in Lisbon, for its open property fund, Hausinvest Europa.
The rating agent and consultancy Feri counts on a slowing of the investment boom in the German property market.