In this Deep Dive, we highlight the five most active federal states in Q2 2026 and feature the three most active investors in each, providing a brief profile, their transaction focus areas, and their acquisition profiles.
North Rhine-Westphalia was the most active state with 46 transactions, followed by Bavaria with 34. Together, these two regions accounted for about 60 percent of the total 134 recorded transactions. Next came Hesse with 21, Lower Saxony with 17, and Baden-Württemberg with 16 deals.
Among investors, the Saller Group leads in North Rhine-Westphalia, TSC Real Estate Germany in Bavaria, and Quantum Immobilien in Hesse. In Lower Saxony, Habona Invest and Taurus Investment Holdings share the top spot.












