Another major US investor plans to examine the German single-family home market. This follows Goldman Sachs and a Canadian pension fund's purchase of 491 row houses last year. US investors are targeting rental opportunities in specific regions.
In Frankfurt, a prominent US investor told Handelsblatt it will scout the German single-family home market. This signals a shift, as institutional investors previously viewed such properties as too fragmented with low margins.
Last year, US investment bank Goldman Sachs, together with a Canadian pension fund, bought a portfolio of 491 row houses in Germany. The Americans are focusing on rental models and targeting specific regions.
Germans traditionally prefer their own house in the green, making the market appealing. The new investor is now exploring similar opportunities.
