German residential transaction volumes reach €12.1 billion in 2014

According to Savills €12.1 billion was invested into residential real estate portfolios in Germany in 2014, a slight decrease of 14% year-on-year. However, the number of both portfolios and residential units transacted remained largely stable. In total over 225,800 units changed ownership totalling 201 deals compared to 223,500 units in…