€18.7bn
€X.Xbn
137k
33,191
€X.Xbn
While the property market in the major cities boomed in the last few years up to 2022, it often performed worse in rural areas. The reason for this is that big cities offer more jobs - especially in booming sectors - better educational facilities and a wider range of cultural activities. Industry players primarily offer their services to landlords of residential property. This includes, for example, hiring building cleaners and other service providers to keep properties in an attractive condition. The industry players also collect rents for landlords. Property landlords and other building owners are constantly faced with the question of whether they want to carry out building management themselves or outsource it. Very large property landlords in particular generally opt for in-house management, which means that the property management sector is missing out on potential revenue. IBISWorld therefore expects turnover to fall by 0.2% year-on-year to €18.7 billion in 2024. Over the last five years, industry turnover has fallen by an average of 1.5% per year.The decline in turnover expected for the current year is due in particular to the emergence of large residential property groups, which generally take over the management themselves and contribute to the bypassing of this sector. The weak performance of the retail sector is also having a negative impact on commercial property sales. The trend towards online shopping is also indirectly impacting property managers, as the number of branches is falling and retail space is being reduced. By contrast, wealthy private individuals who have invested more in residential property during the coronavirus pandemic, some of which is used for subletting, are having a stabilising effect on sales. Private landlords with several properties are an important market for industry players and much more significant than the large housing companies.For the period from 2024 to 2029, IBISWorld expects average annual growth of 0.2% and industry turnover of €18.9 billion in 2029. Industry players are likely to benefit from the growing interest of private investors in property, while the trend towards large housing companies should continue to have a negative impact. The number of sector companies and employees is expected to continue to rise until 2029, partly due to the expansion of sector activities, for example to include consultancy services.
Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated €18.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue (€m)
2024 |
---|---|---|
Emeria Germany GmbH & Co. KG | 255.6 | |
Ecowo GmbH | 98.4 | |
BNP Paribas Real Estate Holding GmbH | 25.3 |
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Industry revenue is measured across several distinct product and services lines, including Administrative services, More extensive maintenance and repair services and Other services. Administrative services is the largest segment of the Real Estate Management in Germany.
Administrative services represent the core business of the sector and ensure stable sales
The sector comprises the management of residential and commercial properties as well as land for third parties. These activities also include the fiduciary management of buildings for the owners' association of condominiums located there. Cleaning services, maintenance and minor repairs, waste disposal and the provision of guard and security services are not sector-specific.
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WZ 68.32 - Real Estate Management in Germany
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The trend towards managing properties in-house is bypassing the industry. Outsourcing is often too expensive for owners of individual properties, while it is worthwhile for l...
Learn about an industry's products and services, markets and trends in international trade.
Maintenance services are the core business of the sector and ensure stable revenues. Demand for more extensive maintenance and repair services has recently fallen in line wit...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Most companies in the sector are located in the centre region. The high economic output and high population density lead to a corresponding demand for property, from which th...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The biggest competition comes from large housing associations and private individuals who manage their properties themselves. Medium-sized companies and landlords who do not ...
Learn about the performance of the top companies in the industry.
There are no major players in the property management industry. Most of the companies active in the sector are sole proprietorships or small partnerships that only manage a f...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Increasing digitalisation in Germany poses a risk for industry players involved in commercial property management. Thanks to digitalisation, more and more people are shopping...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The industry has a comparatively high profit margin. However, the increasing circumvention of the industry by property groups that take over the management of their rental pr...
Including values and annual change:
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Key data sources in Germany include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Real Estate Management industry in Germany is €18.7bn in 2024.
There are 33,191 businesses in the Real Estate Management industry in Germany, which has grown at a CAGR of 1.3 % between 2019 and 2024.
The market size of the Real Estate Management industry in Germany has been declining at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Real Estate Management industry in Germany is expected to grow.
The biggest companies operating in the Real Estate Management market in Germany are Emeria Germany GmbH & Co. KG, Ecowo GmbH and BNP Paribas Real Estate Holding GmbH
Administrative services and More extensive maintenance and repair services are part of the Real Estate Management industry.
The company holding the most market share in Germany is Emeria Germany GmbH & Co. KG.
The level of competition is low and increasing in the Real Estate Management industry in Germany.