Investment in commercial real estate across
The agent’s latest Investment Market Update predicts European investment volumes will rise by a further 28% this year to €123bn, just below the 10 year European average of €125bn.
The report shows that fourth quarter investment volumes in
DTZ said the growth in activity during the quarter was supported by an increase in the number of sales over €200m.
Within the major European markets,
Magali Marton, head of DTZ CEMEA Research, said: “Our latest report shows that within the European markets many investors remain cautious but there have been some recent changes in activity, including a number of speculative purchases registered on prime office assets.
“Furthermore, we have seen increasing confidence from investors outside of the region with capital flows from outside of
“In the short term, we expect inter-regional investors to increase their market share, particularly investors from
The DTZ report reveals that institutions increased their activity significantly during Q4, investing €6.1bn compared with €3.2bn in Q3.
The office sector accounted for the largest proportion of Q4 activity with €13.4bn invested, representing 44% of total volumes.
Retail volumes increased from €7.7bn in Q3 to €9.9bn in Q4 with activity focused on shopping centres, supermarkets and retail parks.
nathan.cross@estatesgazette.com
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