""Housing is a constant requirement" is a common and quite correct phrase in the real estate market. However, demand on the investment market for residential real estate is currently subdued."

"While the short-term effects of the pandemic are fading, the medium- and long-term effects on real estate markets will increasingly shine through."

"Everything stays different"

"Amid the conflicting forces of the cancelled reversal in interest rate policy and dampening of the economy, we are bullish on the German real estate investment market and cautiously optimistic on the lettings markets. In the apartment market, regulation is casting a shadow over the favourable fundamentals. The supercycle will continue to clear the hurdles in its path in 2020 – and may run on for much longer."

"The German real estate market ten years on from the Lehman crash and how the journey might continue."

"An increasing number of end-of-cycle phenomena are causing widening concerns although, based upon the facts, there is still no end to the cycle in sight. However, a closer examination of the superficial case for “onward and upward” reveals details that could precipitate major changes in the mid-term."