• Steady growth in bricks-and-mortar and online sales
• Food segment growing faster than non-food segment
• Sales areas of physical shops increasing slightly following stagnation in the previous year
• Local supply retailers and discounters are the most active tenants
• Online retail is growing at a single-digit rate and making little progress in the food segment
• Retail property investors are being very selective in their investment decisions
• Focus of investment activity lies outside the top locations
• Rising yields across some individual asset classes
• Expert survey: retail parks are the most popular asset class among retailers and investors
• Expert survey: investors expect yields to remain stable or decline

• Weak quarterly result due to a lack of large-volume transactions. Only one transaction of more than 5,000 sq m compared with four large deals in the same quarter of the previous year
• Vacancies continue to fall, with CBD submarkets City (1.7%) and Harbour (1.7%) registering vacancy rates below 2.0% for the first time
• Rental price growth is accelerating  signifi-cantly. While prime rent rose by one euro in just one quarter, the weighted average rent also increased by 10% in a year-on-year comparison
• Yield compression continues on the Hamburg office market, especially in submarkets outside the Central Business District

Healthcare properties remain interesting niche market

• Transaction volume of €50bn in the first three quarters
• Transaction volume of office properties and individual assets stable; market share of top 7 cities also stable
• Real estate transactions in the context of takeovers of company shares are gaining in importance
• Average prime yield in top 7 markets for office real estate drops by 0.20 percentage points year-on-year to 3.00%

• Office investment market remains dynamic
• Transaction volume at €12.1 billion – down five percent year on year
• Portfolio transactions with a mere three percent market share
• Prime yield in the Top 7 markets drops to 3.09 percent

• For the first time, a take-up of 7.0m sq m of space was recorded on the German logistics market, 7% more than in the same period of the previous year.
• There is a shortage of space on the logistics real estate market - and at the same time the previous record of 6.7m sq m in 2016 was exceeded. The frequently reported shortage of space describes the situation in the 23 German logistics clusters. In 2018, users have shown that they are also prepared to move to other regions where large, inexpensive plots are still available.
• The market in 2018 was driven by take-up in property developments. At 4.4m sq m, they accounted for 63% of total take-up.
• Since the take-up of owner-occupiers has remained largely stable with a slight decline of a good 3% to 2.3m sq m, most of the growth is focused on the letting market.
• The market shows no signs of slowing on the demand side. Even the limiting factors on the supply side are unlikely to change fundamentally over the course of the year.

Report on the significance of investment costs in nursing homes - a differentiated discussion by different authors::

• Introduction to investment costs and their regulation
• The facts of the case about cross-subsidising
• Investment costs as a determinant of value
• Adjustments of investment costs in practice
• The importance of investment costs - the macro view
• The international investor's perspective
• A look into the future & political demands

• Sustainable upswing on German real estate markets Thanks to economic boom
• Growth rate of GDP is set to rise by 2.2% (2017) - economic uptrend is set to continue at a vivid pace in 2018 as well and gain a broader footing
• Transaction volumes on the German commercial investment market 2017 exceeded the €57 bn mark; for 2018 we assume that despite limited supply the market dynamic will remain high
• Record in office letting take-up 2017 - veritable excess demand, reduced vacancy and moderate new build activity lead to further rising rents in 2018
• Overall German retail take-up volume in 2017 is anticipated to exceed the €500 bn threshold - demand of (inter-)national retailers still high, but more focused on locations and concepts - challenge of growing e-commerce
• Due to strong expanding online-trading, new logistics property types for the last mile are increasingly in discussion in urban locations
• Fiercer competition for core hotel products in prime locations is expected -  investors will focus more on economically strong major provincials, secondary cities and new property developments.
• Care homes establish themselves more firmly as an investment alternative – even for classic, conservative core investors
• Residential markets remain strained despite risen building activity - increasing rents and purchasing prices in the high-influx regions.