Empira Group’s Institutional Trends 2023

Interest among institutional investors in investment in residential properties in major cities remains very strong. This is true for both new construction and existing stock. There is particular interest in investment in new housing construction in the seven A cities with a 4.5% to 5% gross return on purchase. This was stated by 87% of respondents. About a third of respondents would buy at gross returns on purchase of up to 4%. Where small and medium-sized towns and cities are concerned, the interest in investment in new housing construction is declining. At up to 4% gross return on profit, only 12% of respondents are still willing to buy; at up to 5% gross return on purchase, this figure increases to 57%. These are the results of the current Empira Institutional Trends 2023 survey. Institutional investors and family offices in Germany were surveyed. The survey was conducted by analysis company bulwiengesa.