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GAAP Financial Statements.pdf

GAAP_Financial_Statements_2016.pdf
Preview of GAAP Financial Statements
🔗 Source: alstria.de
📊 Size: 1.48 MB
📄 Pages: 79 pages
⬇️ Downloads: 115

Summary

The German economy grew 1.9% in 2016, with a decrease in unemployment rate to 5.8%. The real estate market developed negatively, with a 4% decrease in total investment volume to EUR 52.9 billion. Office rents remained mostly stable, with average rents ranging from EUR 11.85 to EUR 18.70 per sqm in major cities. The vacancy rate decreased to 5.5%, and new lease-ups increased by 9.3% to 3.98 million sqm. New office supply increased by 28% to 1.1 million sqm, with a forecasted decrease to 800,000-1,000,000 sqm in 2017. The investment market saw a 4% decrease in total volume, with a transaction volume of EUR 29.6 billion in the Big 7 cities. Investors focused on core assets, but also expanded into Value-Add, Core-Plus, and opportunistic assets.

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Description

The German economy grew 1.9% in 2016, with a decrease in unemployment rate to 5.8%.

Technical Information

  • File Format: PDF
  • File Size: 1.48 MB
  • Pages: 79
  • Language: EN
  • Total Downloads: 115
  • Last Updated: 19 hours ago

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