Article
European retail real estate investment tops EUR 8 billion in 1Q 2011
June 14th, 2011 by THE INVESTOR | Leave a comment | Global News
Direct investment in retail real estate in Europe during the first three months of 2011 reached EUR 8.04 billion, 48% up on the same period in 2010 (EUR 5.4 billion.
The majority of investment activity was focused on the UK and Germany which accounted for 77% (EUR 6.2 billion) of total volumes transacted in Q1. Germany continues to be one of the most sought after markets.
Shopping centres remained by far the most sought-after asset type in the first three months of the year, accounting for 60% of total retail volumes traded.
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