
City Survey
Q4 2024
Executive Summary
Real estate market summary
Investment market has bottomed out – fourth quarter brings hoped-for revival on the investment market
Slight recovery in the office letting market – but no significant market recovery expected in 2025
Industrial & Logistics remains in demand – impressive return of portfolio transactions, rental market at the previous year’s level
Retail properties above previous year’s level – sales fireworks in local supply portfolios at the end of the year
Hotel properties on the upswing again – more competition expected in the top segment in 2025
Office and commercial buildings outside the top 7 – revival weaker than on the overall market
Residential investment market recovers significantly – upturn expected to continue in 2025