IPE Real Estate / August 3rd, 2017
IPE Real Estate reports: A series of large property transactions in central London — mainly by Asian investors — has restored the UK as the largest commercial real estate market in Europe, according Real Capital Analytics (RCA).
The latest data shows that €15.5bn of commercial property deals took place in the UK in the second quarter of the year — 12% more than in the same period in 2016 — making the UK the top investment market in Europe.
Germany had held the top position in all three previous quarters.
Tom Leahy, senior director of EMEA analytics at RCA, said: “The past quarter was the strongest ever for investment from Asia into Europe, and London benefitted as the continent’s deepest and most liquid market.”
Read the full article on IPE Real Estate: UK Regains Top Spot for European Real Estate Transaction Volumes