Investment levels surge, claim CBRE
MORE than €62bn was invested in commercial property across Europe during the third quarter of this year, claim CBRE.
The broker claims investment levels improved 18pc year on year between July and September.
CBRE say France experienced the most noteworthy increase with investment activity of over €7 billion; almost double that of the same quarter in 2014. French investment activity was dominated by domestic investors who accounted for more than 70pc of commercial real estate investment in Q3, and who typically favoured large offices located in the Paris CBD.
Yields continued to fall across Europe.