Foreigners have doubled investment in the residential sector in Germany

The share of foreign investment in residential real estate in Germany outgrowth doubled and amounted to 38% last year. It is likely that competition for attractive assets in the future will only grow - make such a conclusion analysts BNP Paribas Real Estate. Total total investment amounted to 3.76 billion euros, which is only 3% more than in 2009, but the number of transactions increased by 26% and amounted to 149. Many investors are attracted to the financial stability and a reasonable level of prices -. 2000-3000 euros in the major cities countries. The market was very lively in the second half of 2010, but the activity is mainly focused on the investments of small and medium size. Investments in development projects accounted for 22% of the total, mainly by investors in this case were pension funds and special purpose funds, whose main task - to provide investment security. 61% of investments made investments in existing properties, mainly investors have become real estate funds focused primarily on profitability. Also part of the investment was directed to specific objects such as student hostels and holiday homes. Based on materials Property Investor Europe