Ongoing market monitoring Initiatives

Market Report of the Comparables Initiative

The Comparables initiative is increasingly gaining market relevance and was already able to map 8% of the total institutional transaction volume in the period 2018 to 2020. In total, the platform provides access to over 1,000 transactions with a transaction volume of over €26 billion. Transactions in A-cities and office properties are the respective defining features. Nevertheless, the Comparables initiative also offers a very broad spectrum of transactions geographically and across asset classes. In this way, the Comparables initiative contributes to the urgently needed market transparency, without which ESG goals are hardly achievable.

The yield level documented in the Comparables initiative is lowest in the A-cities with an average of 3.9 % gross initial yield and highest in the D-cities with an average of 6.2 %. In terms of property classification, yields were lowest for retail properties (Ø 3.4 %) and highest for industrial, production and logistics properties (Ø 5.9 %).

 

About the Comparables initiative

Transparent transactions, that is the goal of the Comparables initiative. Own investments or sales can be justified more soundly through better market comparison. The special feature: Only members have access to the web-based platform. All A, B, C and D cities are covered, each with all asset classes.

This transaction database is the first on the German market with exclusively real data. For the initial set-up of the web-based platform, the purchase and sales data of all members from the past three years were fed in. Reliable data is thus available on, among other things, type of use, property size, year of construction, income, purchase prices, yields and transaction date.

Contact: 
Felix Embacher
embacher@bulwiengesa.de
Ph. +49 89 23 23 76 22

You might also be interested in

For our magazine, we have summarized relevant topics, often based on our studies, analyses and projects, and prepared them in a reader-friendly way. This guarantees a quick overview of the latest news from the real estate industry.

Turning point in the real estate industry?

Hardly anyone expected that after the economic and geopolitical break in spring 2022 we would end the year without a major recession. But is Germany still as economically powerful as it still appears in many eyes? An economic assessment and real estate outlook
>

Mixed risks

Twice a year we prepare economic forecasts and derive key figures for the various real estate segments. According to this, the caesuras in the economy affect the logistics, residential, office and retail segments very differently. In general, the picture is not as gloomy as it is often conveyed. A summary
>

Germany, France, Netherlands - where to invest?

Where are there still attractive investment opportunities in the office and residential market in Germany - and outside? For the three-country study that we published together with Becken and INDUSTRIA, we also looked at the major French and Dutch markets
>

Interesting publications

Here you will find studies and analyses, some of which we have prepared on behalf of customers or on our own initiative based on our data and market expertise. You can download and read many of them free of charge here.

bulwiengesa real estate index 2023

Real estate index up again, but also with real increase?
>

Study: Subsidised housing as an investment

A study commissioned by INDUSTRIA sheds light on the investment segment "subsidised housing".
>

Development Monitor - what is Germany building?

Germany-wide database on project developments still shows high construction activity
>