Weitere Abwertung der Portfoliowerte erwartet: Abwertungen der Portfoliowerte zwischen 4 % und 12 % trotz positiver Effekte aus Indexierungen zum Jahresende.
Rezessives wirtschaftliches Umfeld: Der schwache Start der Realwirtschaft 2024 könnte die operative Performance zunehmend belasten.
Handelsgewinne aus Immobilienverkäufen kaum zu erwarten: Bei den Immobilienentwicklern bleibt die Verunsicherung und große Zurückhaltung für neue Projekte wohl bestehen. Der Fokus auf Einsparungen und Cashflow-Management bestimmt das Handeln. Bei allen Gesellschaften werden Dividendenausschüttungen gründlich überdacht und meist nicht erfolgen.
Assetklasse Büro weiterhin mit großer Skepsis: Marktteilnehmer mit dem Fokus auf „Office“ werden von Investoren weiterhin kritisch beurteilt. Hieraus resultiert eine entsprechende Kaufzurückhaltung. Das
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