IPE Real Estate / October 27th, 2016
IPE Real Estate reports: The UK has fallen into second place behind Germany in a ranking of Europe’s most active markets for commercial real estate investment, according to Real Capital Analytics (RCA).
RCA said it was the first time Germany had occupied the top spot since 2012, as uncertainty following the 23 June vote to leave the European Union weighed on the UK market.
Over the third quarter, the UK market registered a 51% slide to €10bn of completed commercial property transactions in July through September compared with a year earlier, RCA said.
View the full article in IPE Real Estate: UK Falls Behind Germany in Real Estate Activity After Brexit Vote