Paris business properties have had the most successful year in Europe with 45% of the returns on investment, according to Jones Lang LaSalle.
Second was Madrid, where the market grew by 42% and Stockholm (41%). Dublin and Milan came in fourth and fifth with 34% and 33% respectively.
In Europe as a whole some 9.9m m2 came on the market and 5.7m m2 built in the 1990’s changed hands.
TMT companies and the banking, finance and insurance sector together accounted for over 50% of the transactions for new office properties in the first three quarters of 2000.
Le Figaro, 19 February 2001 p32