Dynamics on the market for Unternehmensimmobilien
Dynamics on the market for UnternehmensimmobilienBoth for the member companies of Initiative Unternehmensimmobilien and for the Unternehmensimmobilien asset class of multi-use and multi-let commercial real estate as such, 2017 proved to be a special year. It was defined by a rather dynamic investment demand. For the first time, the year-end transaction volume crossed the mark of 3 billion euros. The demand structure varied considerably between mid-year and yearend. While the first six month were dominated by large portfolio transactions, the latter were almost entirely amiss from the second half of the year. In some instances, the portfolio transactions involved the acquisition of entire companies along with their assets. In fact, several member companies were also involved. M7, for example, joint forces with other investors to take over Hansteen. The corporate structures of Atos and Geneba changed as well.