A certain optimism is increasingly spreading among national and international real estate investors. This is shown by the current “EMEA Investor Intention Survey” of the international real estate service provider CBRE.
In December and January, 286 investors were asked about their acquisition plans and their preferred strategies for sectors and markets in 2021.
The German real estate market scored well with five German cities in the top ten of the most popular cities for European investors, with Frankfurt am Main even in third place.
Office properties remain favourites, despite the expansion of flexible working strategies, but residential and logistics companies are also rising in general innovative interest.
The study also shows that 54% and 59% of the German and European investors surveyed want to invest significantly more, but with greater risk aversion, than in 2020.
An indication of a more pronounced risk aversion is above all the increased orientation of the portfolio strategy towards core and core plus investments. Due to the increased willingness to invest in the core and core plus segment, however, a bottleneck is already emerging, whereupon its partly further declining purchase yields are to be expected.
In addition, investors indicated a greater focus on adopting ESG (sustainability) strategies, with nearly 70 percent of respondents already incorporating ESG criteria into their investment practices.
More information: Investor Intention Survey 2021