Deutsche-Hypo-Index drops again
As in March and April, sentiment recorded by the Deutsche-Hypo real estate index again trends downward, though somewhat less steeply with a decline of -0.5 % to 120.9 points. The sub-indexes for investment climate and rental climate dipped similarly (by 0.4 and 0.6 %). The hotel segment defied the trend and logged a plus for the first time this year, by a respectable 6.5 %. Logistics (+1.8 %) overtook the office climate, which dropped 2.7 %. In terms of absolute values, the residential property market remains the leader, though it only saw a minimal increase in May by 0.2 %.
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