By Real Capital Analytics on October 31st, 2019
European commercial real estate investment regained some of the momentum lost after an especially lackluster start to 2019, the latest edition of Europe Capital Trends shows. France took the limelight in the third quarter as Paris narrowly overtook London to become the region’s largest investment market.
Deal activity in Europe for the third quarter slipped 5% compared with the same period in 2018; at the start of 2019 the year-over-year drop was 15%. France was boosted by a surge in Paris office transactions by South Korean buyers. Investment activity in Germany fell, but the country retained its status as the largest country market for the quarter and the year so far.
The ongoing Brexit saga continues to keep some investors on the sidelines in the U.K. Still, cross-border investors were net buyers of U.K. commercial real estate to the tune of £6.4 billion ($8.3 billion) for the first three quarters of the year.
If you are a current Real Capital Analytics subscriber log into the RCA website to download the latest Europe Capital Trends. To learn more information about the advantages of being an RCA client, contact us.
Also on RCA Insights: