Retail Market Germany — Figures Compared by Source
What 8 research houses currently report on the retail market in Germany — rents, yields, vacancy and investment volume side by side, rather than scattered across separate reports. Where the figures disagree it is usually a matter of differing definitions, so they are shown per source and never averaged. Rent, yield and vacancy figures cover Q2–Q3 2026, plus full-year and forward-looking figures where sources publish them; older figures are not shown.
Yields — Retail, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| BNP Paribas RE Marktberichte | Prime | 3.5 % | Q3 2026 | Highstreet-Objekten (3,50 %) |
| Colliers International DE (Deutsch) | Gross | 5.4 % | H1 2026 | Lebensmittel-Fachmärkte 5,40 % |
| Colliers International DE | Gross | 5.5 % | H1 2026 | food-anchored retail parks, with a gross initial yield of 5.50% |
| Colliers International DE | Prime | 5.55 % | Q3 2026 | €446m 36% 5.55% |
| Colliers International DE (Deutsch) | Prime | 5.55 % | Q3 2026 | 446 Mio. € 36 % 5,55 % |
| Colliers DE Blog | Gross | 5.7 % | Q3 2026 | lebensmittelgeankerte Fachmarktzentren mit 5,70 % Bruttoanfangsrendite |
| BNP Paribas RE Marktberichte | Net initial | 6 % | H1 2026 | Shoppingcenter rentieren mit 6,00 % |
Range across all sources: 3.5 to 6 %. The gap is mostly a matter of differing definitions (Gross, Net initial, Prime), so these values are not directly comparable.
Investment Volume — Retail, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| BNP Paribas RE Marktberichte | — | 3.09 EUR bn | Q3 2026 | der mit knapp 3,1 Mrd. € um knapp 25 % gegenüber dem Vorjahreszeitraum nachgegeben hat |
| Colliers DE Blog | — | 2.4 EUR bn | FY 2026 | Einzelhandelsimmobilien für 2,4 Mrd. € gehandelt |
| Colliers International DE | — | 2.4 EUR bn | Q3 2026 | Total Retail Transaction Volume €2.4bn -35.3% |
| Colliers International DE (Deutsch) | — | 2.4 EUR bn | Q3 2026 | Transaktionsvolumen Einzelhandel insgesamt 2,4 Mrd. € |
| JLL DE Insights (EN) | — | 2.29 EUR bn | H1 2026 | bringing the first half-year to €2.29 billion with a transaction volume of around €850 million. This represents a decline of 21% compared to the prior |
| C&W DE Insights | — | 2.2 EUR bn | FY 2026 | transaction volume almost halved compared with Q1-Q3 2025 to €2.2 billion |
| DZ HYP Research | — | 2 EUR bn | H1 2026 | Die Investments in Einzelhandelsimmobilien sind im ersten Halbjahr 2026 mit gut 2 Mrd. Euro relativ schwach ausgefallen |
| C&W MarketBeat Germany | — | 1.7 EUR bn | H1 2026 | Retail properties accounted for €1.70 bn and a 13% share |
Range across all sources: 1.7 to 3.09 EUR bn.
Underlying market reports
Every figure on this page comes from one of the published market reports below, and is shown with the sentence it was taken from.
- German Real Estate Investment Market – Slower Growth in Transaction Volumes After the First Nine Months
- City Survey Q3 2026
- RETAIL-INVESTMENTMARKT DEUTSCHLAND Q3 2026
- INVESTMENTMARKT DEUTSCHLAND Q3 2026
- Deutschland: Investment Gewerbe Q3 2026
- Germany Warehouse Investment Q3 2026
- Colliers | Deutschland: Fachmarkt Investment Q3 2026
- INVESTMENTMARKT DEUTSCHLAND Q2 2026
- Germany: Retail Investment Q2 2026
- GROCERY-INVESTMENTMARKT DEUTSCHLAND H1 2026
- Colliers | Deutschland: Fachmarkt Investment Q2 2026
- City Survey Q2 2026 | Germany
- Colliers | Deutschland: Einzelhandel Investment Q2 2026
- Germany MarketBeat Q2 2026
- Germany Retail Market Dynamics, H1 2026
- Regionale Immobilienzentren 2026/2027
- RETAIL-INVESTMENTMARKT DEUTSCHLAND Q1 2026
- Germany: Retail Investment Q1 2026
- Germany: Commercial Investment Q1 2026
- Germany MarketBeat Q1 2026
- INVESTMENTMARKT DEUTSCHLAND Q1 2026
- GROCERY INVESTMENTMARKT DEUTSCHLAND Q4 2025
- RETAIL-INVESTMENTMARKT DEUTSCHLAND Q3 2025
- RETAIL-INVESTMENTMARKT DEUTSCHLAND Q4 2025
- Retail-Investmentmarkt — Q1 2026