Real Estate Market Report Germany - Q4 2025
February 6, 2026
The German real estate market showed the first signs of recovery toward the end of 2025 – supported by easing inflation, stable employment, and targeted public investments in defense and infrastructure. While the broader economy remains cautious, the property market is signaling a shift toward a new phase: rising transaction volumes, selective growth in residential and logistics assets, and an increasing differentiation within the office segment.
New regulatory initiatives – such as the “Bau-Turbo” and the planned amendment of the Federal Building Code – aim to accelerate approval processes and reinvigorate residential construction. At the same time, demand remains strong and capital is available, though deployed selectively—quality matters more than ever.
Which segments stand to benefit from this transition?
How are prices, yields, and permitting activity evolving?
And what opportunities await investors in 2026?
Discover these and more insights in the full market report.