Significant increase in real estate loans
Berlin (ots) – Financing volume of vdp member institutions will increase by 2025
15.7%
The Association of German Pfandbrief Banks (vdp) lent 148.6 billion euros
The merged institutions will have a significantly higher volume in 2025
Real estate loans than in the previous year. The increase amounted to
15.7% (2024: 128.4 billion euros). With quarterly values between 36.3 and 38.2 billion.
Euro, new business was evenly distributed over the entire year, with the
The highest value was reached in the final quarter.
As in previous years, residential real estate loans dominated in 2025
Real estate financing business: Financing for residential properties reached
a volume of 92.6 billion euros – an increase of 17.5% compared to
Previous year’s value (2024: 78.8 billion euros).
The volume of new commercial real estate loans totaled across all four
quarters to 56.0 billion euros – an increase of 12.9% compared to 2024. Based on
From a low level, new business recovered slightly in the reporting year,
but remained unchanged in view of the structural changes
The commercial real estate market and the overall economic environment are significantly below that
long-term average.
“The Pfandbrief banks’ real estate lending business will be over almost all of them in 2025
Increased across object types.” Jens Tolckmitt
“The Pfandbrief banks are looking at the economic and
geopolitical circumstances on a satisfactory real estate lending business
Year 2025,” stated vdp managing director Jens Tolckmitt. That
New business volume has increased across almost all property classes. Included
The demand for credit in the residential real estate sector is not just for…
inventory acquisition, but – similar to the moderately increasing ones
Building permit figures that the Federal Statistical Office recently presented –
also increased for new residential construction, says Tolckmitt.
Residential real estate financing: single and two-family houses at the top
In 2025, new business in residential properties was again driven by loans for residential properties.
and two-family houses dominate – they accounted for almost 48 euros at 44.2 billion euros
% of the total volume in the residential segment (92.6 billion euros). Behind them followed – with
Volumes of 22.8 and 20.7 billion euros – loans for apartment buildings and for
Condominiums. At 27.4%, loans for multi-family homes were the highest
recorded the highest growth in the year under review. Single and two-family houses
and condominiums achieved growth rates of 16.3% and 15.6%, respectively.
Commercial real estate financing: Offices account for more than half
With a volume of 28.8 billion euros, loans for offices made more than 2025
half of all new business in commercial real estate (56.0 billion euros).
The volume of new business in retail properties and hotels was 13.5
or 4.5 billion euros, well behind as in previous years. The granting of loans
for industrial buildings amounted to 1.2 billion euros in the reporting year, for others
commercially used properties to 8.0 billion euros.
Real estate financing stocks are moving sideways
As of December 31, 2025, the vdp member institutes reached
Real estate loans extended amounted to 1,040.3 billion euros. That stopped
The real estate financing portfolio overall is approximately at
Previous year’s level (December 31, 2024: 1,042.1 billion euros), but it went down
Development varies between segments: an increase of 1.3%
Residential property loan portfolio recorded a decline of 3.8%
Commercial real estate loans opposite. This accounted for 85.3%
The vast majority of the financing volume continues to go to properties in
Germany.
The complete data on the real estate financing business
vdp member institutes as well as tables and graphics are available for free use
available on the vdp website – under the following LINK.
(https://www.pfandbrief.de/deutlicher-zuwachs-an-immobilienkredit/)
Press contact:
Carsten Dickhut
T +49 30 20915-320
E mailto:[email protected]
Horst Bertram
T +49 30 20915-380
E mailto:[email protected]
Further material: http://presseportal.de/pm/29608/6241978
OTS: Association of German Pfandbrief Banks (vdp) eV
