RCA in the commercial property press:

Property Funds Pick Germany Over UK as Top European Investment Choice

Bloomberg reports: According to an annual report by the European Association for Investors in Non-Listed Real Estate Vehicles (INREV), Germany has overtaken the United Kingdom as the most-favored investment location in Europe for unlisted real estate funds. Surveying investors and fund managers overseeing 981 billion euros ($1.3 trillion) of assets, INREV's research shows the recovery of Germany's economy, Europe’s largest, made office and retail properties more attractive.

For the past two years, the UK was the top choice in Europe for commercial property investors as the weaker pound brought in overseas buyers. The market that attracted the most investment globally in 2010 was London. Property sales totaled 13.3 billion pounds ($21 billion), 16% more than in 2009, Cushman & Wakefield Inc. estimated, citing Real Capital Analytics Inc. data. The city beat Tokyo and Paris.

Articles related to this topic:

 London Leads Commercial Real Estate sales for Second Year in a Row
 Cross-Border Buyers: Nous Aimons Paris
 Chinese Investors Join Cross-Border Buyers to Rush London Property Market
 China Property Sales Top US for Second Year in 2010 Global Recap
 Istanbul Ranks Highly in PwC's Capital-Destination Survey
 Investment Capital Fanning Out Across Europe's Secondary Markets

Posted by: Matthew Stone

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