Published by Global Banking & Finance Review®
Posted on February 10, 2025
1 min readLast updated: January 26, 2026
Add as preferred source on Google
German commercial property prices fell 5.4% in 2024, marking a fourth year of decline but showing signs of stabilization, according to VDP.
FRANKFURT (Reuters) - German commercial property prices fell 5.4% in 2024, a fourth consecutive year of declines, but showed some signs of stabilisation, the VDP banking association said on Monday, as the country's real estate sector tries to shake off its worst crisis in decades.
The drop was smaller than the 10.2% fall in 2023 after prices rose 0.5% in the fourth quarter of last year - their first quarterly increase since the first half of 2022.
(Reporting by Tom Sims, Editing by Miranda Murray)
The main topic is the decline of German commercial property prices by 5.4% in 2024, marking a fourth consecutive year of declines.
In 2023, German commercial property prices fell by 10.2%, a larger decline compared to 2024.
Yes, there are signs of stabilization as prices rose by 0.5% in the fourth quarter of 2023.
Explore more articles in the Headlines category
