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Europe commercial property market news

European real estate investment soars to €86.5bn in H1

Investment in European real estate surged to €86.5 billion in the first half of 2024, marking a 10% increase compared to the same period...

European office completions hit five-year low, set to rise next year...

According to the latest research from Savills, European office completions have experienced a significant drop in 2023, falling by 32% year on year (YoY)...

Cromwell divests European platform for €280m

Cromwell Property Group has agreed to sell its European fund management platform and associated co-investments to Stoneweg, a Geneva headquartered, multi-strategy real estate investment...

Patrizia pays €230m for turnkey Rotterdam distribution centre

Patrizia has acquired a turnkey 233,000 sqm distribution centre in the container hub of Rotterdam, Europe’s largest port, from Dutch logistics developer DHG, for...

Prime shopping centres to become most attractive sector, says AEW in...

Global real estate investment manager AEW has released its European Annual Outlook for 2022, which examines how investors can re-align their portfolios in a...

Union Investment adds Paris office property to portfolio

Union Investment has acquired another prime office building in the heart of Paris from Zaka Investments, a French investment company. The purchase price was...

Europe real estate market recovery well underway, says CBRE

European real estate investment volumes reached €77.3bn in Q3 2021, represents a 55% increase from the same period last year, according to the latest...

Ares closes European property fund at €1.5bn

Ares Management Corporation announced the final closing of its third European property enhancement fund, Ares European Property Enhancement Partners III SCSp, with approximately €1.5...

IREIT Global buys Grade A office building in Barcelona

Singapore-listed real estate investment trust IREIT Global has acquired an office building known as “Parc Cugat” located in Sant Cugat del Vallès, Barcelona, Spain...

Patrizia sells German retail park portfolio

Patrizia has sold a portfolio of retail parks located across Western Germany, on behalf of clients, to MEAG, the asset manager for Munich Re...
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