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Investors flock to Frankfurt as Brexit bites in London

German cities experience rapid rise in property investment since the UK's vote to leave the European Union

Investors flock to Frankfurt as Brexit bites in London
Photo: Getty Images

Investment in Frankfurt and Berlin’s commercial property markets has almost doubled since the UK’s vote to leave the European Union, far outpacing the growth of London as the world's biggest businesses flock to Germany to set up their post-Brexit European hubs.

According to figures from JLL, the property agency, the combined value of deals in Frankfurt hit $10.2bn in 2018, up 88% from 2016. Investment in Berlin jumped by more than 90%, to $7.1bn.

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