Germany retail property price index, excl. major cities
Germany retail property price index, excl. major cities stood at 99.2 in 2025, according to Deutsche Bundesbank. It is one of the indicators in the Property market (annual) table (Value · Annual), with a complete series running from 2013 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Property market (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial property price index, total, Germany excluding cities of supra-regional importance | 168.4 | 164.7 | 167.7 | 178.3 | 174 | 165.2 | 148.5 | 133.5 | 126.2 | 114.4 | |
| Commercial property price index, retail, Germany excluding cities of supra-regional importance | 99.2 | 98.5 | 100 | 109.5 | 115.1 | 117.1 | 116.4 | 113.8 | 111.5 | 109 | |
| Commercial property price index, multi family houses, Germany excluding cities of supra-regional importance | 188.8 | 183.9 | 185.5 | 193.4 | 184.1 | 162.3 | 142.2 | 127.9 | 119.1 | 111.2 |
Understanding germany retail property price index, excl. major cities
Transactional values for local shopping centers, provincial high streets, and suburban retail parks outside the nation's primary urban cores shape this specialized indicator. By stripping away both alternative commercial property types and the influence of major metropolitan centers, the series provides a dedicated view of decentralized consumer real estate. It captures the capital layout required to acquire physical retail infrastructure in secondary towns and rural districts. The scope relies exclusively on the exchange of property deeds, completely disregarding the operational profitability or retail turnover of the merchants occupying the transacted storefronts.
Tracking the dynamics of provincial retail property involves measuring deviations against the 2013=100 reference marker. The figures are issued on a strictly annual schedule, removing the volatility of quarterly retail cycles and necessitating year-on-year comparisons for accurate structural diagnosis. Initial calculations routinely undergo post-release revisions as local land registries scattered across regional districts process complex commercial property transfers. Analysts leveraging this data should distinguish between the capital valuation of these physical structures and local consumer spending patterns, as suburban retail real estate pricing may decouple from localized merchant revenue.
Frequently asked questions
- Are supermarkets in small towns included in this retail price series?
- Standalone grocery stores and local supermarkets fall under the umbrella of retail properties and are captured upon their sale.
- Does the failure of a local business negatively impact this specific metric?
- The index only moves based on the finalized sale price of the building itself, not the operational success of the tenant.
- Are warehouse facilities for online retailers located in rural areas included?
- Pure logistical and distribution facilities are excluded, as the methodology targets properties designed for direct consumer-facing commerce.