AENGEVELT is an experienced property consultant in Frankfurt
Skyline shapes the world of properties – Frankfurt and its office properties
An impressive skyline with abundant high-rise buildings – in Germany, it is actually only Frankfurt am Main that can make a comparable impression. Its skyline clearly demonstrate that Frankfurt is in a very strong position as a location for banks and service providers.
It is not only the major German banks that have their headquarters here, with the European Central Bank, this location is demonstrating its significance for all of Europe. Furthermore, in addition to its vibrant economy, Frankfurt also offers interesting culture and attractive surroundings. An exciting region for properties – Frankfurt has a dynamic office properties market which is always in motion. Moreover, Frankfurt also has areas with extraordinarily high amounts of purchasing power which are extremely interesting for investors – it is with this background that the market is unfolding. Because the proportion of financial sector companies in the Frankfurt properties market has decreased enormously in the past few years, the uncertainties in the financial sector and how they affect properties no longer play a major role. Today, industry, commerce and consulting firms are much more important for the market.
Office space: Frankfurt offers wide variety
AENGVELT has a clear focus as a property consultant in the region. As a market, Frankfurt is defined by office space and business premises. The office spaces and consulting rooms in Frankfurt are essentially focused on the downtown area, that is the banking district. In the area near the airport there are now renowned office spaces as well. Properties projects have resulted in spectacular, new properties to arise here in the past few years. The sophisticated customers in Frankfurt require highly functional properties with state-of-the-art technology which are also prestigious and with a central location. According to statistics, the Frankfurt office properties market has the highest vacancy rate in all of Germany. However, this vacancy rate has already gone down in the past two years. Experts from AENGEVELT also point out that these statistics also include properties that have been vacant for years and which are ultimately waiting to be renovated or torn down. These types of properties are no longer marketable which is why it is actually not appropriate to include them among vacant office properties.
The property consultant, AENGEVELT, in Frankfurt
Since 1996, the property consultant AENGEVELT has been working with a branch in Frankfurt. In this time, we have compiled a great deal of expertise to be able to oversee the properties market in Frankfurt adequately. Cities surrounding Frankfurt such as Königstein in Taunus are interesting for investors looking to purchase income objects. The extremely high purchasing power there results in dynamic properties markets which promise moderate profits over the long term. We broker high-quality residential properties, office and commercial buildings, salesrooms and retail space in attractive locations and also commercial properties and warehouses. Our successes regarding these deals confirm our analysis that this market is lucrative for investors. Another promising market for investors is retirement homes. Because of the demographic development, this is a growth market which promises stable income in the future as well and which is entirely independent of the economic situation. AENGEVELT has brokered retirement homes for long-term investors from respectable providers in the Frankfurt area.
