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IndiaTimes of India ·

Germany commercial property prices dip in Q2, ending five-quarter growth run

Commercial property prices in Germany fell in the second quarter of 2024, snapping a five-consecutive-quarter streak of gains. The decline was primarily attributed to rising inflation concerns and higher interest rates weighing on the market. Office and retail segments recorded a one percent year-on-year decrease, while residential properties continued to appreciate modestly. Analysts note that the broader market outlook remains tied to the resolution of ongoing geopolitical tensions.