German Real Estate Funds Outflows This Year Already Exceed 2024

Investors pulled more money out of German real estate funds in the first ten months of this year than in all of last, showing the long-term effect of the country’s property crisis on its investment industry.

Germany’s open-ended real estate funds lost €496 million ($578 million) to outflows in October, according to data published by the Bundesbank on Friday. The brings total redemptions this year to €6.2 billion, compared with €5.9 billion for all of 2024.