12/04/2011
WestLB German Property Day
WestLB London, Tuesday, April 12, 2011
"Full recovery ahead"
In 2010 more and more improvements in the German real estate market became visible. Prices of core properties have increased significantly and rents in the retail and residential segments (at least in the metropolitan areas) showed a clear upward trend. In our view, the recovery will probably be completed in the current year when average office rents also turn around. This should be accompanied by at least a stabilisation in vacancies.
Prices of retail properties are likely to benefit from the improved consumer sentiment which goes along with the reduction in unemployment. The outlook for residential properties in metropolitan areas remains positive as rising demand meets low new construction.
Investors will get the chance to discuss the market opportunities with the
management teams of german market leading companies at this
WestLB One-on-One conference.
Companies presenting:
- Alstria Office REIT AG
- CA Immobilien Anlagen AG
- Deutsche EuroShop AG
- Hamborner REIT AG
- IVG Immobilien AG
- PATRIZIA Immobilien AG
- VIB Vermögen AG