By Tom Leahy on August 2nd, 2018
Following a slow first three months of 2018, Europe’s commercial real estate investment market continued its downward trend into the second quarter, the latest edition of Europe Capital Trends shows. Investment volume fell by 20% compared to the same period a year prior, in a slowdown that persisted across all sectors except for development sites.
Of the top 20 markets, 11 registered lower investment activity compared to a year earlier. Germany and the U.K. both declined. Positive year-over-year change numbers for France were more indicative of a slow 2017 than a strong 2018.
There were some bright spots in the European market, however. The Netherlands registered its third strongest quarter on record. RCA CPPI data indicates that prices in the Netherlands remain well below 2007 levels, making the market attractive to both international and domestic players.