Wall Street Journal / August 26th, 2015
Wall Street Journal reports: U.S. investor TIAA-CREF and Swedish National Pension Funds AP1 and AP2 have teamed up and aim to buy €2 billion of office space over the next 3 years.
According to Real Capital Analytics, demand for commercial property in Europe has surged with the pace of deals at its strongest level since 2007. Investors bought $49.4 billion of office properties in Europe in the first half of 2015, up 17% from the year before, data show.
View the full article in Wall Street Journal: Investors Team Up to Buy $2B of Office Property in Europe