Trends in Commercial Real Estate Rents in German Cities
IW-Trends
German Economic Institute (IW)
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.
Philipp Deschermeier / Björn Seipelt / Michael Voigtländer: Mietpreisentwicklung von Gewerbeimmobilien in deutschen Großstädten
IW-Trends
German Economic Institute (IW)
Digital Regions in Germany
The digital transformation is not only revolutionising the world of business but also affecting geographical developments. Picking up on this trend, the thematic focus of this year's IW Regional Ranking is on the digital prospects of Germany’s various regions.
IW
Has the German Economy Reached its Limit?
The current robustness of the German economy has triggered a debate about the risk of overheating. High utilisation of aggregate production capacity does not necessarily mean an economy is overheating.
IW