• PROVIDING A STRATEGIC ADVANTAGE Through Technology & Processes
  • EXPERIENCE QUALITY Under One Brand with A Single Point of Control
  • UNITING LOCAL COMMERCIAL Real Estate Experience with Global Execution
  • DELIVERING RESULTS Through Collaboration & Integration

Germany

    Germany

    Germany is a major economic power with the world's fourth largest economy; it is the largest exporter and second largest importer of goods. As a result, exports traditionally have been a key element in German macroeconomic expansion. Germany is a strong advocate of closer European economic and political integration, and its economic and commercial policies are increasingly determined by agreements among European Union. Germany is now in recession and exports have dropped, making visible Germany's fragile domestic economy; until export levels stop dropping the German economy looks likely to continue to decline. Despite the persistence of structural rigidities in the labor market and extensive government regulation, the economy remains strong and internationally competitive, not least because of its highly skilled work force. Germany is strategically placed to take advantage of the rapidly growing and emerging economies of many central European countries.

    Overall market sentiment is characterized by uncertainty in line with the general economic environment. There is a reluctance to commit any funds to either the expansions of existing leases, new leases or investment acquisitions and this is impacting on falling take-up and subdued investment activity. With demand slowing and projects already under construction due to complete in 2009, availability is expected to rise before potentially falling back as new speculative construction stagnates.
     

    Our Offices

    Frankfurt
    Hamburg