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A slow delay in the growth of real estate investment in Europe in July is reported

Markets in Britain, Germany and France have attracted more than two-thirds of the total volume of investments in European real estate sector for a month.

Investments in real estate in Europe have slowed their growth in July, their volume was 20% below the recorded in July 2011.

Experts estimate that during the seventh month of the year on the continent were realized property deals for around 5.5 billion euro, while at the same time last year the volume of investments was 7 billion euro.

The three main markets in Europe - Britain, Germany and France continue to dominate. They have attracted more than two-thirds of total investment in Europe, according to the last researches.

In July, investors were very active in the UK. Market on the island has attracted investments of nearly 2 billion. Germany is on a Second place (over EUR 1 billion), and the third is for France (850 million).

Poland - the largest real estate market in Central and Eastern Europe, has attracted investment of around 400-450 million euro in July. The main role was for the bargain for the commercial center in Lodz Manufacture by Union Investment which was over 350 million euro.

Analysts say that investors` confidence in Poland will continue to grow and the prospects of the property market in the country will remain good until the end of this year. The expected total investment in the Polish property market is between 2 and 2.5 billion euro. Last year it was on 2.7 billion euro.

Analysts say that Turkey is also an interesting market. The but most notable deal in July was for the trade centers Gordion and Erzurum, which was acquired by Blackstone for about 200 million euro. Bulgaria also attracts more and more investments.

Most preferred by real estate investors in July were the so called mixed-use buildings. During the month were invested about 1/3 of the total real estate investment in Europe in similar properties. The second position is for offices and the third for commercial properties.

However, there is a decrease of investments in commercial properties during the month, which explains the scarcity of prime assets in this market segment.

The exception to this trend is only Russian property market, where in the first half of the year has been a dramatic increase in investment in commercial property.

 

 

 
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