Office property prices fell by 5.2 percent in the last quarter of 2023, compared to the previous quarter, and 13.3 percent year-on-year.
These numbers represent the sharpest drop in the country’s office building market since 2004.
Read today's Portuguese stories delivered to your email.
Germany’s office property market has seen a record drop in prices, coupled with disappointing returns for investors.
By PA/TPN, in Europe, World · 17 Feb 2024, 09:31 · 0 Comments
Office property prices fell by 5.2 percent in the last quarter of 2023, compared to the previous quarter, and 13.3 percent year-on-year.
These numbers represent the sharpest drop in the country’s office building market since 2004.
We are proud to provide our readers from around the world with independent, honest and unbiased news for free – both online and in print.
Our dedicated team supports the local community, foreign residents and visitors of all nationalities through our newspaper, website, social media and our newsletter.
We appreciate that not everyone can afford to pay for our services but if you are able to, we ask you to support The Portugal News by making a contribution – no matter how small.
Be the first to comment on this article
In Europe, World, Environment - 16 Mar 2024, 19:31
In Europe, World, Environment - 20 Jan 2024, 08:31
In Europe, World, Environment, Sustainability - 16 Nov 2024, 12:31
In Europe, World, Sport, Entertainment - 09 Nov 2024, 14:31