On the eve of Brexit, the commercial real estate market in Germany’s financial capital Frankfurt is booming like never before.
In 2018, the value of transactions in the city increased by 36 per cent to an all-time record of €10.4bn, turning Frankfurt into Germany’s hottest market for commercial real estate ahead of Berlin and Munich, according to new data by BNP Paribas Real Estate.
The surge is driven by a flurry of chunky deals involving large office towers, with two-thirds of the deals involving transactions of €100m or more.
