DIFI Report by ZEW and JLL Released - Finance Index Gaining
ResearchThe German Real Estate Finance Index (DIFI) has increased by 6.9 points in the fourth quarter of 2015 to a current reading of 13.1 points. The index has increased for the first time since the first quarter of 2015. This increase can be attributed to an improved situation as well as a more optimistic outlook. The assessment of the current situation has increased by 8.2 points to a reading of 24.9 points. Expectations for the next six months have also returned to positive territory in the fourth quarter, reaching a value of 1.2 points.
These are the key findings of the DIFI Report, a quarterly survey on the real estate financing market by ZEW in cooperation with JLL.
The German Real Estate Finance Index (DIFI)
The German Real Estate Finance Index (DIFI) reflects the situation (including the previous six months) and expectations of the participants in the survey concerning the real estate financing market on a six-month horizon. It is conducted on a quarterly basis and calculated as the average value of the balances in the following four segments: office, retail, logistics and residential properties. The balances of the segments reflect the difference between the percentage of participants who are optimistic and the percentage of participants who are pessimistic about the development of financing conditions on the German real estate market. The DIFI is a survey conducted and published by Jones Lang LaSalle (JLL) and the Centre for European Economic Research (ZEW). 48 experts participated in the October/November 2015 survey.
