5 Octombrie 2009
Commercial real estate investment in Europe increased 30% in Q3
Commercial real estate investment volumes across Europe continued their upward trend over the third quarter 2009, posting a 30% increase to €13.8bn from €10.7bn in Q2 2009, DTZ Echinox said in a report released today.
Investments in European commercial sector increase to €13.8bn from €10.7bn in Q2 2009, though still remaining well below the €30bn quarterly average since the beginning of the century.
The DTZ figures show that the main drivers of growth over the third quarter were in the UK, up nearly 50% to €5.3bn from €3.6bn, and in Germany, up over 40% to €2.75bn from €1.9bn, whereas volumes remained relatively unchanged at €1.8bn across France.
"Activity across Europe continues to be driven by the big three markets of the UK, Germany and France, which combined, accounted for over 70% of activity in Q3," said Magali Marton, head of continental Europe and Middle East research.
DTZ Echinox is one of the Romania’s largest real estate advisors, with sales of €5.6 million in 2008.
The DTZ figures show that the main drivers of growth over the third quarter were in the UK, up nearly 50% to €5.3bn from €3.6bn, and in Germany, up over 40% to €2.75bn from €1.9bn, whereas volumes remained relatively unchanged at €1.8bn across France.
"Activity across Europe continues to be driven by the big three markets of the UK, Germany and France, which combined, accounted for over 70% of activity in Q3," said Magali Marton, head of continental Europe and Middle East research.
DTZ Echinox is one of the Romania’s largest real estate advisors, with sales of €5.6 million in 2008.