In its March 2016 European Investment Briefing, Savills noted that the prime office yield in Munich at the end of last year was 3.7%. The yield had therefore stayed unchanged over the course of 2015. Rental growth over the year was -1.4%. The yield from regional shopping centres was 3.5%, or unchanged through 2015. Savills notes that GDP growth in Germany in 2016 is expected to be 2.2%.

Source : Savills/Mar 2016/Munich/RET