Commercial real estate in Leipzig is surprisingly robust - experts see positive development despite the economic slowdown and rising interest rates.

Commercial real estate in Leipzig is surprisingly robust - experts see positive development despite the economic slowdown and rising interest rates.

Leipzig does surprisingly well when it comes to commercial real estate. The former Quelle area found a buyer on the second attempt, and a large food delivery service is relocating. Experts are also drawing optimism from numerous commercial construction sites. The Leipzig market for commercial real estate also suffered from rising interest rates and the economic downturn in Germany last year. “With sales of 610 million euros, the Leipzig location proved to be exceptionally robust in a nationwide comparison,” says Stefan Sachse, managing director and Leipzig branch manager of BNP Paribas Real Estate.

The effects on the Leipzig commercial real estate market

According to a report by www.lvz.de, the Leipzig market for commercial real estate is proving to be resilient, despite external influences. The turnover of 610 million euros is a clear indication of the stability of the market. The sale of the former Quelle area and the establishment of a large food delivery service are further positive signals for the development of the real estate market in Leipzig.

Experts expect that these developments will have a positive impact on the Leipzig commercial real estate market. The arrival of the food delivery service may lead to an increase in demand for commercial space, while the sale of the Quelle site may also lead to new investments and development projects in the area.

The robustness of Leipzig's commercial real estate market is also an indicator of the city's long-term potential as a business location. Due to these positive developments, investors could show increased interest in commercial real estate in Leipzig, which in turn could lead to further growth in the market.