In 2023, the turnover for real estate management on a fee or contract basis in Germany was €20.87 billion. Forecasts indicate a steady increase from €21.42 billion in 2024 to €23.61 billion in 2028. The year-on-year growth rates for 2024 to 2028 show a moderate expansion trend, with a 2.6% growth in 2025 and 2026, and 2.4% in 2027 and 2028. Over this period, the compound annual growth rate (CAGR) is projected at approximately 2.6%.
Future trends to watch for:
- Potential shifts in demand due to economic or policy changes.
- Technological advancements impacting efficiency and service delivery.
- Sustainability trends influencing property management practices.
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