The gross investment in the real estate activities sector in Germany displayed significant fluctuations over the past decade. From a low of €23.5 billion in 2013, investments spiked notably by 2017, reaching €57.99 billion. This period saw substantial increases, peaking especially in 2016 with a nearly 50% year-on-year growth. However, post-2017, a general downward trend emerged, with notable declines in 2018 and 2020. By 2023, the investment value reached €48.91 billion. The year-on-year variation from 2021 to 2023 showed modest growth, while the 5-year CAGR from 2018 to 2023 turned negative at -0.62%, indicating a slight average yearly decrease.
Looking to future trends (2024-2028), the projections suggest a steady but slight decline in investments, with a 5-year CAGR standing at -0.26%. This reflects a stabilization but also hints at potential stagnation. The real estate sector might encounter challenges such as economic headwinds, regulatory changes, and shifting investor sentiment influenced by macroeconomic factors and market dynamics.