By Tom Leahy on November 1st, 2018
Europe’s real estate market continued to slow over the summer months, the latest edition of Europe Capital Trends shows. Third quarter investment volume declined versus the same period in 2017, marking the third successive quarter of falling transaction activity.
Macroeconomic factors, such as the ebbing momentum of Europe’s economic expansion, have contributed to the slowdown in commercial real estate activity. Still, sentiment towards the property market remains positive and early indications are that the fourth quarter will be healthy.
For the first three quarters of 2018, transaction activity in most of Europe’s leading markets slipped compared with 2017. The Netherlands, France, and Poland were the largest markets which registered positive year-over-year gains.
In the new edition of Europe Capital Trends we examine the current headwinds and tailwinds for the European market and explore what is happening to the retail sector.