Prices of commercial real estate – especially office and retail buildings in Germany’s seven major cities – have risen in previous years. Accordingly, net initial yields have dropped noticeably.

In our newsletter we inform you about current topics and events related to the International Central Bank Dialogue.

Speaking at the Bundesbank’s third Financial Centre Conference, Bundesbank President Joachim Nagel said that Germany needed to pick up the pace of structural reform if it is to overcome its weak growth. According to First Deputy Governor Sabine Mauderer, there needs to be a capital market for all, whether people want to save for retirement or invest in German businesses. At the conference, decision-makers from the world of politics, business and finance discussed how Germany and Europe could finance their future.