Office property prices fell by 5.2 percent in the last quarter of 2023, compared to the previous quarter, and 13.3 percent year-on-year.
These numbers represent the sharpest drop in the country’s office building market since 2004.
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Germany’s office property market has seen a record drop in prices, coupled with disappointing returns for investors.
By PA/TPN, in Europe, World · 17 Feb 2024, 09:31 · 0 Comments
Office property prices fell by 5.2 percent in the last quarter of 2023, compared to the previous quarter, and 13.3 percent year-on-year.
These numbers represent the sharpest drop in the country’s office building market since 2004.
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