Our real estate capital markets overview for 2025 examines key regulatory, tax and economic developments – from recent amendments to the German Investment Code (Kapitalanlagegesetzbuch) and Location Promotion Act (Standortfördergesetz) to current challenges in fund administration, ESG criteria in financing, and new anti-money laundering compliance requirements. 

Click here to read Immobilienkapitalmarkt 2025, a real estate capital markets publication. 

This publication is mostly in German.