German Property Prices – A look back over 5 years and a 5 year look forward
ProVenture Property was born out of the onset of the global financial crisis. As a team, we very much surveyed the landscape towards the middle of 2007 and as investors ourselves saw little value to hold let alone invest in property in much of the developed world. We would not claim for a minute that we foresaw the global turmoil that was just about to unfold, but like many folks we knew something was up. We took our money, and advised as many people we knew to take their money, to areas of safety. Within europe, Germany seemed like the last market which stood up as an area of viability to invest. And so that it what we did, as investors and as consultants to other investors. How has it worked out, now the financial crisis seems to be easing 5-6 years on?