Record completions of Unternehmensimmobilien

Project developers have reacted to the shortage of space, which has been acute for some time: Already after the first half of 2020, a new record of around 2.2 million sqm of completed Unternehmensimmobilien is emerging for the year as a whole. In 2019, 1.3 million sqm were completed, equivalent to an increase of 66 % in 2020. At the same time, the transaction volume of more than 1.2 billion euros in the first half of the year was also extremely high - and this despite the conspicuous reluctance of international players to act. Once again, business parks were by far the most sought-after. These are the key findings of the latest market report published by the Initiative Unternehmensimmobilien.