TD News International
Deutsche-Hypo-Index falls in February
First up, then down again. After a plus of 2.9 % in January, the survey-based real estate climate index of Deutsche Hypo dropped in February by 2.3 % to 135.7 points. The rental climate declined by 2.8 % and the investment climate by 1.8 %. Of the five asset types examined, three showed losses. The biggest drop was recorded in the sub-index for commercial property by -8.4 % to less than 100 points. The last time a lower figure was recorded was in July 2008. The hotel (-3.3 %) and office index (-1.5 %) also dipped, while residential and logistics property saw a slight increase. The data-based real estate market index, on the other hand, rose by 1.3 % to a new high of 320.2. After starting the year with such ups and downs, a trend will likely not emerge until after the Mipim, says Deutsche Hypo board member Sabine Barthauer.
Subscribers to our premium service have access to this article in full as well as to an additional 450,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.
TD Premium is Germany's leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.