Discover news from the NAI apollo cosmos

2025

Transaction volume at around €2 billion, in line with the previous quarter
Volume of €6.3 billion in 2025 to date exceeds previous year’s figure
Market activity picking up in relation to project developments and mid-size portfolios
Open-ended funds & special funds remain the most important buyers, project developers & contractors dominate on the seller side
Share of foreign capital rises significantly, with a focus on large-volume portfolios
Outlook: Transaction activity remains stable, underpinned by mid-size portfolio deals. Investments in project developments and long-term strategies with a manage-to-green approach remain in demand. Further portfolio adjustments by larger property companies will contribute to market recovery in 2026.

Space take-up reaches 455,600 sqm – a record result within the last ten years
Banks, financial service providers and insurance companies remain the most active groups by some margin
Demand focuses on central locations, with banking district accounting for highest share of take-up
Lease agreements in projects, new constructions and refurbishments cause further rise in rents
Outlook: increasing market activity especially in the medium-size segment and annual take-up of over 550,000 sqm are expected

International Workplace Group (IWG) drives its worldwide expansion
long-term lease for 3,600 sqm of office space in Mexico City
possible through cross-continental collaboration among NAI Global partner firms
agreement strengthens IWG’s presence in one of Latin America’s most important markets

Space take-up reaches 345,200 sqm – strongest first half of the past 20 years
Banks and management consultancies play a dominant role on the market
60 % of take-up falls within the Central Business District
Sideways movement in vacancy rate
Rents continue to rise owing to major deals in projects, new buildings and refurbishments
Prime rent reaches €52.50/sqm and average rent €31.20/sqm
Unchanged positive forecast for 2025: lettings momentum increases; economic sentiment improves

Market for residential portfolios in Germany defies economic uncertainty with total investments of €2.3 billion in the first quarter of 2025
Following a rise in purchase and sales volumes, Open-Ended Funds and Special Funds represent the second strongest buyer as well as the dominant seller group ahead of Project Developers and Contractors
Increase in portfolio trading in the mid-price segment; decrease in the category below €10 million
Outlook for 2025: General conditions remain challenging. Portfolio streamlining of properties in need of refurbishment, fire sales and resilience of the residential property markets are boosting transaction activity, however. A dynamic start to the year and increased investment interest on the part of institutional market players indicate that the €10 billion mark will be exceeded, as was most recently the case in 2022.

Take-up of 202,100 sqm represents one of the strongest Q1 results on record
Banks, financial service providers and insurance companies dominate the market
58 % of take-up lies within the Central Business District
Rise in vacancies is halted
Increase in rents owing to large lettings in projects, new buildings and refurbishments: prime rent now at €51.50/sqm and average rent at €30.60/sqm
Positive outlook for 2025: further major deals are close to completion; financial package from the new government will help boost demand for office space