The Real Estate Gross Value Added (GVA) in Germany has shown consistent growth from 2013 to 2023, demonstrating a steadily rising trend. By 2023, the GVA stood at 358.62 billion Euros. The year-on-year variation ranged from 1.76% in 2023 to 3.64% in 2013, indicating moderate but stable growth. Over the last five years leading to 2023, the Compound Annual Growth Rate (CAGR) was 2.27%, reflecting a consistent upward trajectory. Looking forward, the forecasted CAGR over the next five years is 1.28%, translating to a projected growth rate of 6.56% by 2028.
Future trends to watch for include:
- The impact of economic policies on the real estate sector, particularly in response to inflationary pressures.
- Technological innovations like proptech and their role in property valuation and transactions.
- Sustainable and green building practices, which could reshape market demand and value.
- Demographic shifts and urbanization trends influencing real estate development and investment priorities.
