Germany Real Estate Services Market - Growth, Trends, and Forecast (2020 - 2025)

September 2020 •
133 pages •
Report ID: 5976773 •
Format: PDF

Summary
Table of contents
Search Inside

- The German real estate services market is estimated to register a CAGR of approximately 3% during the forecast period.
- Businesses providing residential property services benefit from price increase and new construction and 26% more people working in intermediation, sales, and management (2014-2017). There is an increase in the turnover of real estate agencies, after the introduction of the “orderer principle” for rented dwellings by the Federal Government of the country. Residential property agencies increased their turnover from EUR 6.73 billion to EUR 8.49 billion (2017). Real estate agencies are benefiting from the rising prices of dwellings and houses.
- The facility management market was valued at USD 71.9 billion in 2018. Additionally, the real estate industry’s revenue stood at EUR 158.4 billion in 2019, an increase of 1.2% compared to the previous year. In 2018, real estate activities’ revenue was valued at EUR 156.4 billion, rental and leasing activities’ revenue was valued at EUR 46.9 billion, and residential care activities’ revenue was valued at EUR 16.4 billion.
- In 2018, real estate investments from all Germany’s 16 federal states were amounted to EUR 269 billion from almost 990,000 transactions. In 2018, German construction companies invested EUR 4.7 billion on tangible fixed assets, which was a significant increase of 17.4% compared to the previous year.

Key Market Trends
Increase in GVA (Gross Value Added) in Real Estate Activities

In 2018, real estate activities accounted for 10.5% of the total German GVA (Gross Value added). Real estate activities were in the top 5 economic activities in Germany, in terms of output generated.

Gross Value Added: Real estate activities’ revenue was amounted to EUR 82.282 billion in September 2019. This records an increase from the previous years’ value of EUR 80.715 billion. Investments toward real estate have been increasing. Additionally, construction activities, like new buildings for residential and non-residential, have been steadily increasing month over month. As many factors are driving the real estate market, the real estate activities are expected to generate more revenue in the coming years.

Increase in the Number of Proptech Startups

Germany is one of the leading European countries in the Fintech market. Startups are often the driver of innovation, bringing new and disruptive products and services. As of September 2019, there were 202 property Fintech startups in Germany, targeted at the real estate market. PropTech includes solutions, such as online listing services, mobile apps, property management SaaS products, and crowdfunding platforms, among others. Many solutions utilize data analytics, in order to help users make intelligent decisions when it comes to buying, selling, leasing, or investing in real estate, simplifying property management, or marketing their products in the industry.

Competitive Landscape
The report covers the major players operating in the German real estate services market. The market is fragmented. Some of the prominent companies present in the region include Instone Real Estate Group AG, Deutsche Wohnen SE, and Vonovia SE. The construction activity, low mortgage rates, and other factors drive the market, and the market is expected to grow during the forecast period.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

helps you find the right report:

+1 718 618 4897
Contact by email

FAQ

Testimonials

The market research advisor answered my questions quickly and professionally. ReportBuyer's team did their best to ensure that I felt comfortable before making the investment to purchase the report.

Cristian Nunez

Director of Corporate Development Chugach Alaska Corporation

My overall experience with ReportBuyer today has been very positive, and I must thank you for your patience (...). Also, the sample you sent me and the explanations provided were very helpful.

D. Lescuyer

Executive Vice President Oral Business at Skyepharma

The research specialist was very helpful, and proposed the best content for my needs. ReportBuyer also offered a great follow-up, thanks for everything !

P. Thompson

EMEA Managing Director

We were satisfied with the support that ReportBuyer's team provided. Thanks to their recommendations, the report we purchased provided exactly what we want.

Y. Wang

Business Analyst

We didn't have time to do the research internally, and thanks to ReportBuyer's team we were able to find the appropriate data.

S. Chen

Research Coordinator

I was impressed by the customer service: it was fast, responsive, and 100% professional !

D. Krivan

Market Research Analyst

The research specialist provided prompt and helpful service. He also followed up to ensure I had all the information to deliver my business development plan.

C. Adams

Senior Business Development Manager