High European investment
High European investment
- 2004
- Estates Gazette (0441) 9 October 2004, 36(1) .
The latest figures from CBRE show that investment across Europe reached Ł47bn in the first half of 2004 - 23% higher than the same period last year. CBRE predicts that total investments for 2004 will exceed Ł90bn, beating last year's Ł82bn. The level of cross-border transactions has dropped to Ł11.4bn, or 25% of the total, last year such deals formed 40% of the overall total. The UK still remains the most popular market for foreign investors. German buyers are the most active across Europe followed by US investors.
EUROPE
INVESTMENT MARKET
The latest figures from CBRE show that investment across Europe reached Ł47bn in the first half of 2004 - 23% higher than the same period last year. CBRE predicts that total investments for 2004 will exceed Ł90bn, beating last year's Ł82bn. The level of cross-border transactions has dropped to Ł11.4bn, or 25% of the total, last year such deals formed 40% of the overall total. The UK still remains the most popular market for foreign investors. German buyers are the most active across Europe followed by US investors.
EUROPE
INVESTMENT MARKET