RBC reports €5.9 billion invested in German retail property in the third quarter of 2021, equal to 10% of the commercial-property investment total it discusses. RBC gives pre-tax retail yields of 3.5–4.0% at the start of the fourth quarter of 2021.
The Bell reports €4.9 billion invested in German retail real estate during the first three quarters of 2024, or 27% of the €17.9 billion commercial real-estate total. It reports prime yields of 3.45–3.95% for Germany’s top seven cities in the fourth quarter of 2024.
Each figure is tied to its source date and category.
Sources: RBC, 2021, The Bell, 2024.