Real Estate: Analysis: Real estate investors find German cities too expensive



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Frankfurt / Main (AP) – High real estate prices in German cities are now frightening international investors.

In the last twelve months, 65 billion euros have been invested in apartments and houses in this country, 3 billion euros less than in the same period of the previous year. This is demonstrated by an badysis published Monday by the consulting firm PwC, available to the German press agency. Due to the political and economic stability of Germany, local cities are considered safe investments. "Nevertheless, many investors consider that Berlin, Frankfurt, Hamburg and Munich are overpriced." Great Britain is in the same situation. There, from the last quarter of 2017 to the end of the third quarter of this year, 68 billion euros were invested in real estate. Germany has too few goals, and these are too expensive, said Susanne Eikermann-Riepe, a partner of PwC. "That's why the UK managed to pbad despite the next Brexit."

In Germany, Britain's exit project in the EU attracts 2019 real estate investors to Frankfurt. In the financial city, which attracts London bankers, 8 billion euros were invested in real estate, 12.5% ​​more than the same period last year. Thus, Frankfurt has caught up with Berlin in terms of volume. Despite price skepticism, German cities remain popular with real estate investors. Asked about the best prospects in Europe, they see four German cities among the top ten: Berlin (2), Frankfurt (5), Hamburg (7) and Munich (10).

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