by Richard Haimann
Real-estate investors increasingly prefer discreet back-room deals to bidding procedures in data rooms. This is revealed by a study conducted by the real estate research company Bulwiengesa on behalf of the Berlin-based consulting company HPBA Off-Market Solutions. Accordingly, last year saw commercial real estate and apartment portfolios with a value of some 40 billion euros change owner without the seller previously addressing the whole range of potential buyers. [...]
This article was originally published in German only. A summary in English is available.