bulwiengesa Blog

Chart of the Month

April: Risks Widen Yield Spread for Shopping Centres

Shopping centres as lively meeting places from which all players derive economic benefit. But this image had already cracked before the pandemic. The uncertainty is not only great among tenants and landlords, but also among investors. For the 5% study, which will be published on 22 April, we have forecast the returns of shopping centres
Logistics
04.03.2021 Author/s: Daniel Sopka

Online trade makes logistics space scarce

More is being ordered than ever before. But even before the pandemic, online trade was a major driver of demand for warehouse and logistics space. However, the location networks in the e-commerce sector are not yet fully developed - logistics companies continue to search for space of all sizes in all locations
Office Retail Residential
02.03.2021 Author/s: Sven Carstensen and Anna Wolfgarten

Yield for Experts at Most

In den meisten Assetklassen ist es noch einmal anspruchsvoller geworden, sichere Renditen zu erzielen, so die aktuelle „5 %-Studie“. Sogar bei traditionell häufig gehandelten, stabilen Assetklassen wie Büroimmobilien in A-Städten haben sich Risiko- und Renditespreizung enorm vergrößert. In einem Webinar haben wir die wichtigsten Ergebnisse für die Segmente Wohnen, Büro und Einzelhandel bereits vor Erscheinen der Studie im April vorgestellt
Retail
23.02.2021 Author/s: bulwiengesa

The Great Transformation - Which Uses Make Retail Properties More Resilient?

A department store is empty, the gaps in the shopping centre are piling up. What can be done? There is room for a hotel, a city logistics warehouse, flats for senior citizens or students, or smaller production facilities. A joint webinar with Union Investment highlighted the opportunities and challenges of mixed use. A summary
Office
12.02.2021 Author/s: Andreas Wiegner

Stuttgart Office Property Market – Despite Corona a Real Pressure-Cooker Situation

23.50 euros per month and square metre - a proud price for Stuttgart office tenants. Nevertheless, vacancy rates have been falling for years, which is also due to the special location in the valley basin. The neighbouring municipalities benefit from this. There is still no indication that the number of office employees is falling, and construction activity is not meeting demand either
Background
03.02.2021 Author/s: bulwiengesa

Corona Crisis: Expert Statements Reloaded

Mid-March 2020: Home office had been in place for a few days, stores and schools remained closed. The shock was deep-seated, as was the conviction that everything would be back to "normal" in a few weeks, or at most months. Under enormous uncertainty, 10 division managers had dared to take a look into the future for their segment. Now, hand on heart: Have the forecasts come true? And what are their current assessments?
Retail
20.01.2021 Author/s: Dr. Joseph Frechen

Concepts for Better Times

The Corona pandemic and digital changes are causing headaches for tenants and landlords of retail properties. What measures can be taken to regain the upper hand? The topics of restructuring and repositioning are undoubtedly on the agenda for the next few years
Residential
13.01.2021 Author/s: André Adami

Condominiums in Berlin: scarce and expensive

Our annual studies on new-build condominiums show: Prices in Berlin's inner-city districts continue to grow undisturbed by corona. The project developers' target group is often capital investors. At the moment, however, they might need a little longer to rent them out
Background
08.01.2021 Author/s: Marcus Badmann

Real Estate Valuation in Times of Crisis

When news changes almost daily, transactions are missing and market events cannot simply be extrapolated, real estate valuers also face unusual challenges. In an article for "Immobilien & Finanzierung", we looked at the residential, office, retail, logistics and hotel segments from a valuer's perspective. A summary
Office
18.12.2020 Author/s: Nicole Tietze

Survey on open plan office, home office and coworking

The impact of the crisis on office jobs is enormous. Since spring 2020, the "record chase" on the office leasing market (not only) in Berlin has come to an abrupt end. For the latest market report for Berliner Sparkasse, we not only compiled the classic market data, but also asked decision-makers about the future of open-plan offices, coworking and home offices. The answers: quite ambivalent
Background
03.12.2020 Author/s: Felix Werner

More than Bremen Town Musicians

A construction boom in the housing market, large office projects and remarkable developments in the retail sector - the Real Estate Market Report for Bremen Economic Development provides data and details on current developments and shows where potential lies in difficult times
Residential
20.11.2020 Author/s: Felix Embacher

Micro-Living Initiative: Rents Fall Slightly

For the second market report of the Initiative Micro-Living, we evaluated the operating data of around 23,600 residential units in 115 apartment buildings nationwide. This shows that the segment is surprisingly crisis-resistant with an average occupancy rate of 90%
Retail
20.11.2020 Author/s: Dr. Joseph Frechen, Ralf Koschny

Different situation, new opportunities

The number of shops, especially in city centres, has been declining for years - now more than ever. What was considered a good retail location yesterday may be vacant today. Retailers and investors have to redesign their location policies. We explain how the changed situation is affecting the locations and rents of city centres, city districts, shopping centres, retail parks and local supply
Residential
10.11.2020 Author/s: Dierk Freitag

Good night? Hotel projects in Germany

No tourism, no events, no business trips - the mood in the hotel industry is gloomy, the economic outlook unclear. How does the crisis affect the different sectors? What is happening with project developments? Where are the big players investing anyway, and what is their plan B? A portrait of a shaken industry
Logistics
13.10.2020 Author/s: Patrik Völtz

Between Demand, New Construction and Sustainability

The 6th study "Logistics and Real Estate" shows: Not only online trade and corona effects will lead to a huge increase in new construction in 2020. Nevertheless, the volume will not be sufficient to meet demand. On the other hand, soil sealing and source traffic are being criticized. The study therefore also shows how logistics real estate can become more sustainable
Residential
13.10.2020 Author/s: Dr. Heike Piasecki

Market Perspectives of Commercial Real Estate | Care Properties

For the autumn report of the ZIA, we analyzed investments, office, logistics, hotel and care properties. Here you can read our summary on senior care properties - this market is systemically relevant not only in the crisis
Background
13.10.2020 Author/s: Andreas Schulten, Jeremy Feist

For Insiders: Building in the Ruhr Area

For the first time, the project Developer Study Ruhr 2020 sheds light on the market for project developments in the Ruhr area. Our team has evaluated more than 1,800 projects. The most important findings: Housing construction and logistics are currently in top form - but many well-known players in the Ruhr Area prefer to keep a low profile
Office
09.10.2020 Author/s: Oliver Rohr

Market Perspectives of Commercial Real Estate | Office Market

For the autumn report of the ZIA, we analyzed investments, office, logistics, hotel and care properties. Here you can read our summary of the office market: It is (still) more stable than many people think
Background
09.10.2020 Author/s: Andreas Schulten

Market Perspectives of Commercial Real Estate | General Location and Investments

For the autumn report of the ZIA, we analyzed investments, office, logistics, hotel and care properties. Please read our general assessment and the summary of investments and performance: The spectrum of corona influences is enormous
Logistics
18.09.2020 Author/s: Patrik Völtz

Growth of Mega Distribution Centers Accelerates

Together with Buck Consultants International, bulwiengesa has analysed the European market for large-scale logistics properties. The most important results were summarised in a joint whitepaper
Residential
15.09.2020 Author/s: Oliver Strege

Hamburg, a Pearl

Hamburg is one of Germany's top residential locations with consistently good general conditions and prospects. Rising population figures lead to a growing demand for housing. More is being built than in most other A-cities - and sold well. A short portrait