Opportunities in German Market

Angermann, Goddard and Loyd has published research on the current situation in the German property market which highlights the opportunities for investment.

The key findings of the research were:

1. The German economy is under pressure from the same global issues as other developed economies. Some specific issues make it worse for Germany – including a reliance on global exports – while low personal debt and a robust consumer base give cause for confidence in the retail sector
2. The German property market entered the downturn from a position of strength; while investment volumes increased significantly in recent years, the bubble did not inflate as wildly as many other European countries – Spain, the UK and Eastern Europe included. A cultural preference for moderate real estate lending and extended investment horizons will help to ensure the long term stability of the market
3. In an uncertain market, investors gravitate to quality assets and core locations; Germany has a good supply of both
4. The successful implementation of asset management initiatives in Germany is not straightforward but it is essential to drive returns in the current market.

"Germany offers a great deal to international investors, but there is real hesitancy over where to invest and into which assets" commented Mike Biddle, Angermann, Goddard and Loyd Managing Director. "Whilst we don’t know how long the recession will last, we are confident that excellent opportunities will emerge during the course of 2009 and that asset management in particular is here to stay."

Angermann, Goddard & Loyd have German offices in Cologne and Leverkusen, where the focus is on investment brokerage and property management. This is supplemented by a German speaking team in the London office.

The research was conducted by Moran Research and Consultancy on behalf of Angermann, Goddard and Loyd.

For a PDF of the Full Report click here.