bulwiengesa real estate index 2024
The property industry is currently affected by economic stagnation, complex lending policies and a loss of purchasing power among private households. Project postponements, abandoned project sites and even insolvencies are being reported. The bulwiengesa property index shows that after 18 years of nominal growth, no further nominal increase will be registered in 2023. This is exacerbated by the historically high construction costs and labour shortages, which are working against a spontaneous ramp-up in construction activity. However, the data for 2023 shows that despite the crisis, there are glimmers of hope and construction is continuing.
The most important results:
- Property index stagnates in nominal terms in 2023
- Purchase prices in the residential market under pressure, rents rise significantly
- Commercial property prices at -5.9 % with a significant dampener
- Retail rents continue to fall
More detailed information is available in the brochure and in the press release. Please contact us to obtain customised analyses and time series, e.g. of individual locations and asset classes.
Contact: Jan Finke, finke@bulwiengesa.de, phone +49 201 8746 96 63
You might also be interested in
For our magazine, we have summarized relevant topics, often based on our studies, analyses and projects, and prepared them in a reader-friendly way. This guarantees a quick overview of the latest news from the real estate industry.
Chart of the month December: The country needs new care properties
Many care homes are no longer up to date - no one wants "care centres" any more, and building standards have changed fundamentally. Therefore, when planning the care infrastructure, not only the additional need for care places, but also the need for substitution must be taken into account.
Chart of the month November: Top offices are still in demand
Office vacancies are increasing in the seven class A cities. According to classic economic theory, rents should therefore be falling. But our quarterly figures show: Prime rents are still rising
Chart of the Month October: Boom in the peripheral locations
The recently published study "Logistics and Real Estate 2023" shows: former "second-tier" regions are increasingly in demand - even those outside the classic logistics regions. And the trend is continuingInteresting publications
Here you will find studies and analyses, some of which we have prepared on behalf of customers or on our own initiative based on our data and market expertise. You can download and read many of them free of charge here.
