By Tom Leahy on March 26th, 2018
It’s no surprise that Europe’s perennial top two largest transaction markets over the past decade have been London and Paris. However in the lower ranks there has been a changing of the guard.
The rise of Madrid, which ranked as Europe’s fourth biggest market in the last two years, emphasizes Spain’s return to prominence. Stockholm has moved in the reverse direction, dropping from the number three spot in 2014 to ninth in 2017, due to a slowdown in domestic institutional investment activity.
The top 10 in 2017 was dominated by five German markets, which is a reflection of the federal, decentralized nature of Germany in comparison with the centralized U.K. and French markets.