IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-642-23611-2_24.html
   My bibliography  Save this book chapter

German Real Estate Returns in International Comparison

In: Understanding German Real Estate Markets

Author

Listed:
  • Daniel Piazolo

    (IPD Investment Property Databank GmbH)

Abstract

Real estate investments have become international. Therefore also the returns have to be judged in an international comparative context. The question arises whether the returns of the German real estate market have justified the investments by domestic and foreign investors? The answer is: Yes and No. Yes, investments in German property have earned higher returns compared to other countries in some years like in 2009. No, looking at the average return for all the years since 1998, the German market has not turned out to be a good investment. Compared to returns in other markets, German returns have been low. Yet, they have proven to be less volatile in comparison to other markets. Furthermore, the international investor has to consider that the German market is very divers across sectors and across regions. To benefit from the catch-up potential of the German real estate market over the next years, investors are well advised to research the local markets rigorously.

Suggested Citation

  • Daniel Piazolo, 2012. "German Real Estate Returns in International Comparison," Management for Professionals, in: Tobias Just & Wolfgang Maennig (ed.), Understanding German Real Estate Markets, edition 127, pages 363-372, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-642-23611-2_24
    DOI: 10.1007/978-3-642-23611-2_24
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-642-23611-2_24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.