The real estate market reached fever pitch in Frankfurt in the last quarter of 2019, with a volume of €4.4bn of transactions, but that’s unlikely to bring the year’s total over last year’s result of €10bn. JLL writes in a new report that the city ranked thired last year, behind Berlin (€15.8bn) and Munich (€10.9bn). Overall, the German investment market achieved a record volume of €34bn, breaking the former record from Q4 2016 of €26.5bn. This included 73 transactions that ranged in the three digit-million up to billion-euro range. As a result, the total transaction volume including Living amounted €91.3bn 2019 with 187 transactions beyond the €100m mark. JLL reports that single asset transactions made up 62 percent of the total volume (€56.2bn) with portfolio sales reached an annual result of €35bn an increase of 24 percent compared to the previous year.
