Commercial property investment saw strongest quarter since 2007.
Total European commercial real estate reached € 53 billion in Q4 2013, 46% on Q3 2013 and 19% on Q4 2012.
The year 2013 saw investment activity totalling € 154 billion – a 21% improvement on 2012, but still significantly lower than the € 256 total in 2007.
Southern Europe (Spain, Italy and Portugal) investment reached € 4 billion in Q4, up 205%!
2013 was an exceptional year for Southern Europe, showing a 109% increase on 2012.