CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1} Share on Xing

New TIME Score Index from Cushman & Wakefield helps with decisions on entering the property investment market - positive signals for Germany

Verena Bauer • 12/07/2024

Cushman & Wakefield, one of the world's leading real estate consultancies, has developed the TIME Score Index. This simplifies the presentation of key figures that are important for investment decisions. The index, whose name stands for "Timing Investment Market Entry/Exit", identifies important changes in the commercial property environment. It is based on historical market data and economic indicators to assess the current cyclical positioning and to signal future market conditions.

The index consists of four sub-indices: Growth path (e.g. level of business investment, GDP growth, 5-year swap rates), cyclical factors (price adjustment, credit availability), risks (risk premium, country risk) and dynamics (liquidity, share of cross-border capital, transaction volume, economic sentiment).

Back-testing of the TIME score up to the third quarter of 2008 has shown that the index is able to predict future movements, recognise changes in sentiment and identify growth phases at an early stage. The rating scale ranges from 1 (contraction) to 5 (expansion). Higher values indicate favourable investment conditions, while lower values indicate periods of uncertainty and recommend strategic adjustments.

At a pan-European level, the TIME Score currently shows that sectors such as logistics and industrial property, residential property, retail property and hotel and restaurant property have reached a value of 2.5 or more. This marks the transition from a cautious phase to a turning phase in which investors can benefit from early periods of growth and expansion. Only the office sector is below the turning point.

Ideal time for (re)entering investments in Germany is approaching
"The TIME Score in Germany was 2.5 across all sectors in Q1 2024, in line with the overall European index value. Although this was slightly lower than in the previous quarter, it was higher than in any quarter since Q3 2022, indicating that the market is currently in a transition phase and that market entry opportunities are increasing," explains Helge Zahrnt, Head of Research & Insight at Cushman & Wakefield in Germany. 
Although there is still uncertainty, real investment opportunities are opening up. A value of just under 3 marks a window of opportunity for a suitable entry point into the market, as this is the best time to benefit from future market developments. 

Recognising market trends in advance
The TIME Score is a leading indicator. Correlation analyses show that it leads investment transactions in Germany by a good six months to a year. This means that it is able to recognise improvements in sentiment and thus a revival in activity at an early stage. As 2024 progresses, the "momentum" category should make a greater contribution and the score will increase further.

Simon Jeschioro, Head of Capital Markets & Investment Advisory at Cushman & Wakefield in Germany, explains: "The cyclical nature of property means that timing is crucial for investors. The TIME Score simplifies the presentation of the key figures that are relevant for investment decisions. It provides investors waiting for favourable conditions with a strategic tool to identify optimal times for entry and exit scenarios for the property market."

MEDIA CONTACT

verena bauer
Verena Bauer

Head of Business Development Services, Germany • 60311 Frankfurt am Main

RECENT NEWS

Women walking in hospital corridor
C&W supports Song Capital in refinancing transaction for healthcare portfolio in Germany

A 50/50 joint venture between two international investors, established in 2018, has refinanced its expiring seven-year loan agreement at a fixed interest rate of 5.1%. 

Verena Bauer • 30/06/2025

Office space with people
Cushman & Wakefield brokers new space for IMAP in the Glückstein Quarter in Mannheim

The consulting firm IMAP M&A Consultants AG, which specialises in mergers and acquisitions, has rented approx. 580 m² of office space in the newly developed CBD area Glücksteinquartier in Mannheim, Glücksteinallee 25.

Verena Bauer • 30/06/2025

Apartments in a park
Nursing homes an increasing factor on the investment market in Europe

Supported by record activity in the UK of around EUR 3.7 billion the consolidated investment volume in Europe in 2024 totalled EUR 6 billion and was therefore around 48% higher than the previous year (EUR 4.05 billion).

Verena Bauer • 27/06/2025

INSIGHTS

Modern dining room with colourful chiairs and hanging lights
Insights

Regulation in the German Housing Market

Update for Investors: What legal changes will the new federal government bring?

Jan-Bastian Knod • 24/06/2025
Rethinking European Offices
Insights

Rethinking European Offices

Our report “Rethinking European Offices” examines at the risk of obsolescence in 16 key European cities. The findings reveal that the majority of Europe's office real estate stock is at risk of becoming obsolete by 2030.
18/12/2024
Cushman & Wakefield Investment Atlas 2024
Insights

The Investment Atlas Q3 2024

Your Strategic Compass in the World of Commercial Real Estate Investment
05/11/2024

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected, for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS