Manfred Lohr, marketing manager of the Difa Nr. 1 real estate investment trust, predicted that the German property market would continue to boom for the next few years, particularly in the hot spots Berlin, Hamburg, Düsseldorf, Frankfurt, Stuttgart and Munich.
German real estate currently accounts for 63% of his portfolio. His foreign investments included projects in London, Paris, Barcelona and Madrid.
Lohr also said Difa would continue to develop its City Quartier formula, which unites all types of commercial and residential property under one roof.
Demand for this particular product was high, as it guaranteed a high return on investment.
Rolf Weert Meinders, manager of the Westinvest trust, said 82% of his portfolio currently consisted of German real estate and that he was concentrating on Düsseldorf, Munich and Frankfurt.
Handelsblatt, 24 April 2001 p48
