News

Germany has a gross domestic product of approximately €2.7trn (£1.8trn) and is the third-largest real estate market in the world, making it the largest and economically most powerful member of the European Union (EU). In recent years, UK investors have purchased £4.5bn-worth of German real estate and this, together with the constant smattering of reports in the property press about the expansion into Germany of UK property companies, are a telling indicator of the attractiveness of the German real estate market to UK and international investors. The introduction of the German real estate investment trust (G-REIT) has the potential to open up the German real estate market and capture the attention of more UK investors.