Segment of commercial real estate in Europe overcomes the crisis rapidly. So, according to estimates of Knight Frank, in Q2 2014 the total amount of transactions increased yoy by 44% to €42 billion, ee24.com informs.
The most obvious and attractive destinations are London, Paris, and financial centres of Germany. If we talk about traditional markets, the bigger yield can be expected in the Netherlands and Belgium.
It is in the Netherlands, as well as in Spain and Ireland, the highest growth of investment was recorded. The influx of money has increased by almost 2 times – by 97%, 94% and 93%, respectively. If sales in the Benelux and Ireland were growing due to a lack of proposals, sales in Spain were increasing thanks to the exit from the crisis.
Experts believe that by the end of 2014 investments in commercial real estate will surpass last year's figures. Money from Asia and the Middle East should have a positive impact in the coming months.