• German investments down

Just EUR193m was invested in the German hotel market in the first quarter, down 35% on 2013. The volume decrease was down to a lack of major deals and portfolio transactions, but more are on the way, predict agents JLL.

The first quarter included PPHE’s deal on its Berlin art’otels, and the sale of the Crowne Plaza in Wiesbaden. A lack of stock is prompting investors to look away from the major German cities, to secondary markets.
Read the full story here:

Share →