Although policymakers and the public pay less attention to commercial real estate than to residential property, it is very important for the economy. The commercial property market is opaque, however, due to the absence of data sources. As part of a "campaign for transparency in the real estate sector", ImmobilienScout24, an online property portal, has put supply data from its rental advertisements at the disposal of scientific research. Using this data and the hedonic renting price index developed by the Cologne Institute for Economic Research (IW), the paper shows the trend in rent levels for commercial real estate in the largest German cities at half-yearly intervals from 2008 to 2013. The results suggest that the market for offices and other commercial buildings in Germany is not overheated.
IW Research Group Macroeconomic Analysis and Forecast IW-Trends No. 4 27. November 2017
Has the German Economy Reached its Limit?: Skilled Labour Shortages as a Brake on Growth
The German economy is performing significantly better than was expected in the first few months of this year. During the course of 2017, certain early fears – especially of a weakening of the global economy due to increasing protectionism – have proved ...
IW Research Group Macroeconomic Analysis and Forecast IW
Content element with id 8880 Content element with id 9713
IW-Newsletter
With our new newsletters on the following topics you no longer have an IW publication.
We send out our topic-specific newsletters every month. Register here
IW-Newsletter
With our new newsletters on the following topics you no longer have an IW publication.
This website uses necessary cookies to ensure the operation of the website. An analysis of user behavior by third parties does not take place. You can find detailed information about the use of cookies in our privacy policy.
Warning: You are using an outdated browser!
Please switch to a modern browser (e.g. Google Chrome, Firefox or Microsoft Edge) in order to enjoy the best user experience.
German Economic Institute (IW) 
