Market Report 2011 GerMany - Europe Real Estate

28
Imprint
IVG Immobilien AG
Zanderstr. 5-7, 53177 Bonn, Germany
Tel. +49 (0) 228 844-0
Fax +49 (0) 228 844-107
www.ivg.de
research@ivg.de
Authors
Dr. Thomas Beyerle
Stefan Fiebig
Dr. Oliver Voß
Holger Weber
Additional research products from IVG such as the Market Tracker are
available on our website at www.ivg.de.
Important information
This document is provided solely for information purposes and should
not be interpreted as an offer or recommendation in respect of particular
investments or investment strategies. In particular, it does not constitute
an offer relating to the acquisition of investment units.
The information contained in this document, including the statements
and projections provided, were taken from sources that we believe to be
reliable. However, no guarantee is made nor any other liability accepted
for its correctness, adequacy or completeness.
Some of the information contained in this document may include
projections or other forward-looking statements regarding future events
or future financial performance of Federal States, markets or companies
and actual events or results may differ significantly from these.
Accordingly, no liability is accepted for any losses or damage incurred
– either directly or indirectly – as a result of using the information,
statements or assessments contained in this document.
The primary sources used are as follows: Bertelsmann Foundation,
BfA Federal Employment Agency, BNP Paribas Real Estate GmbH, Brockhoff
& Partner Immobilien GmbH, BulwienGesa AG, Cambridge Econometrics
Limited, CB Richard Ellis GmbH, Colliers Deutschland Holding GmbH,
Cubion Immobilien AG, Cushman & Wakefield, Deutsche Bundesbank, DIP
Deutsche Immobilien-Partner, Eurostat, GfK Gesellschaft für Konsumforschung
AG, gif Gesellschaft für Immobilienwirtschaftliche Forschung e.V,
ifo Institut für Wirtschaftsforschung e.V., Immobilienverband Deutschland
IVD, Internationaler Währungsfonds, Jones Lang LaSalle GmbH, Prognos
AG, Sal. Oppenheim jr. & Cie. AG & Co. KGaA, Federal Statistical Office
of Germany, Thomas Daily GmbH as well as local market participants and
offices of business development entities.
No part of this document may be copied, reproduced or distributed in
any form or by any means without the written permission of IVG Immobilien
AG.
Published and approved by IVG Immobilien AG, Zanderstraße 5,
53177 Bonn.
© 2011 IVG Immobilien AG. All rights reserved.