Seit mehr als 10 Jahren sind Immobilien-Bestandshalter die aktivsten Käufer und Verkäufer. Erstmals seit 2013 ist Private Equity zurück auf dem Käufermarkt. http://www.ey.com/de/de/industries/real-estate

1. Top 5 sellers and buyers of real estate companies
2005–2016
EY Real Estate — M&A infographic
2005–2008 2009–2012 2013–2016
Dietmar Fischer, Partner
Tel. +49 (0) 6196 996 – 24547
dietmar.fischer@de.ey.com
Christina Angermeier, Manager
Tel. +49 (0) 6196 996 – 17882
christina.angermeier@de.ey.com
Dr. Dominique Pfrang, Manager
Tel. +49 (0) 6196 996 – 13740
dominique.pfrang@de.ey.com
Seller Buyer Seller Buyer Seller Buyer
Property companies
Private equity
Private
equity
Private equity
Developer
Developer
Public
companies
Others*
Property funds
and REITs
*e.g. consulting firms, PropTechs, non-property companies
Source: Merger Markets 2016, Thomson Reuters 2016, EY Research 2016; n = 288.
All figures refer to the total number of real estate company transactions.
Financial
institutions
and insurances
Asset, facility
and property
manager
Financial
institutions
and insurances
Asset, facility
and property
manager
Asset, facility and property
manager
Financial
institutions
and insurances
Property companies
Developer
Property funds and REITs
Asset, facility
and property
manager
Asset, facility
and property
manager
Others*
Others*
Property companies28%
24%
24%
14%
10%
32%
28%
22%
10%
8%
38%
26%
22%
10%
6%
46%
16%
12%
12%
12%
38%
18%
18%
18%
8%
34%
34%
14%
12%
6%
1
2
3
4
5
• Buyers are predominantly property companies and PE
houses
• Banks are active on both sides
• Developers rank number 2 as sellers
• Property companies are the most active players on
both sides
• Public companies intervened as buyer in the market
• PEs and financial institutions playing safe and
holding off
• PEs as buyers are back
• “Others” reached place 3, caused by increasing
transactions of PropTechs
• Property funds/RÉITs in the top 5 for the first time