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Germany and Europe Real Estate Salaries

European Real Estate salaries rival those internationally, with the median base salary standing at €80,000 – though the majority of our respondents are from the more higher-rewarding Investment sector.

As with other regions, more than two-thirds of Europeans report no change in their salaries since the viral outbreak, which is a stark difference from over half receiving pay increases between 2019 and the beginning of 2020.

Despite setbacks for different European regions, there are sections of the industry, including Logistics, Healthcare, Offices and Retail (Supermarkets) showing resilience and rallying through the rapid changes we’re seeing in Real Estate.

 

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Ania Prosniak, Managing Director - Germany

Key Europe Salary Findings

€80,000

Median European salary

16%

gender pay gap Europe-wide

38%

reduction in those receiving a salary rise since the pandemic

Average European base salaries

by Industry / Profession

Search a salary

Germany

Median € 90000
Mean € 90000

Europe

Median € 102000
Mean € 100400

Germany

Median € 75000
Mean € 90000

Europe

Median € 60833
Mean € 102000

Germany

Median € 64000
Mean € 69667

Europe

Median € 62000
Mean € 75020

Germany

Median € 110000
Mean € 114826

Europe

Median € 110000
Mean € 114994

Germany

Median € 65000
Mean € 75667

Europe

Median € 105000
Mean € 109600

Germany

Median € 101000
Mean € 101000

Europe

Median € 52000
Mean € 79800

Germany

Median € 70000
Mean € 100000

Europe

Median € 175000
Mean € 149667

Germany

Median € 70000
Mean € 70000

Europe

Median € 63000
Mean € 86600

Germany

Median € 90000
Mean € 101184

Europe

Median € 90000
Mean € 103565

Germany

Median € 65000
Mean € 68538

Europe

Median € 60500
Mean € 70821

Germany

Median € 56000
Mean € 56000

Europe

Median € 60000
Mean € 55500

Germany

Median € 127440
Mean € 127440

Europe

Median € 82610
Mean € 90000

Germany

Median € 69000
Mean € 66040

Europe

Median € 70000
Mean € 67752

Germany

Median € 60000
Mean € 64333

Europe

Median € 67500
Mean € 105750

Germany

Median € 52500
Mean € 52500

Europe

Median € 60000
Mean € 65667

Germany

Median € 75000
Mean € 75000

Europe

Median € 52500
Mean € 52500

Germany

Median
Mean

Europe

Median € 74000
Mean € 62571

Average salaries, by Location

Northern Europe (though with higher tax rates) lead base salaries on the continent, with Southern European countries, such as Italy and Greece, tailing behind.

Average salaries, by Seniority

The gap in salary level jumps as much as 46% between Managerial and Director level.

Average salaries, by Asset Class

From our sample, the public sector and the emerging co-living asset classes award the highest salaries.

Ania Prosniak, Managing Director - Germany

The most in-demand European professions driving Salaries

Senior and associate analysts are sought after in Europe, exasperated by lockdowns affecting Graduate and entry levels in this sector where training has been disrupted.

With an overall picture showing office, logistics, supermarket-retail and healthcare as leading asset classes in Real Estate, there’s no question that those with experience in these industries have a leading advantage as growth continues in these areas.

On a general note, we’re also seeing development and redevelopment booming in Europe and Asset Managers across all levels will be highly in demand.

Average salaries, by Age group

Salaries grow with age as well as experience in Europe, right up to retirement age.

Average salary, per Gender

Europe has the smallest gender pay gap internationally at 16%, with Germany showing almost equal pay.

We are pleased to report Europe as the global leader in improving the gender pay gap. Our data shows average salaries are equal in Germany, with women jumping ahead of their male counterparts.

Sezen Guener, Associate – Germany

Changes to base salary, before and after COVID-19

Pay has remained stagnant for most since the pandemic.

Reason for base salary increase, before and after COVID-19

A new job or a successful annual pay review were the main methods of a pay rise for the minority.

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