According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.
In the first quarter of 2023, industrial producer prices fell by 2.2% compared with the last quarter of 2022.
Germany managed to build only 295,300 homes in 2022, well below Chancellor Olaf Solz's target of 400,000 a year.
Thoughts on changing zoning and urban planning rules.
Compared with the first quarter of 2022, rents and house prices in the EU increased with a 2.9% rise in rents and a 0.8% increase in house prices.
The first RICS European Summit will take place at the Procuratie Vecchie, on 19 & 20 October
Significant rent increases across Europe's central business districts (CBDs), says Savills.
The amount of the initial investment varies between 200,000 and 1.5 million euros.
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