The one that has grown more and more recently Optimism among German real estate financiers has been dampened with the new version of the corona virus. The mood in the industry deteriorated slightly in the fourth quarter, the financial advisor BF.direkt announced on Wednesday. The quarterly barometer commissioned by the company from the analysis company bulwiengesa fell below zero, which is one limited willingness to finance is signaled. The barometer is currently at minus 0.31 meters. Previously, it had risen five quarters in a row and reached 1.61 points in the third quarter of the year in 2021.
According to the study, the clouding of sentiment is also evident in new business, where only a good half of the participants (53.1 percent, minus 8.2 percentage points) reported increasing volumes, while 40.6 percent (plus 8.4 points) ) new business is stagnating. When asked which types of existing properties are currently being financed, office and residential properties were almost unchanged in the lead, each with 22.3 percent of the loan portfolio. The most significant change, with an increase of 4.1 percentage points to 12.9 percent, was in shopping centers and other retail properties.
According to the information, 33 experts were interviewed for the mood barometer. Most of them are directly entrusted with the granting of loans to real estate companies at various leading institutional investors and mortgage banks.