Cross-border activity represented about 57% of all transactions (by value) in the first half of 2007, according to the new European Investment Report issued on Tuesday by CBRE. This compares with 47% in H1 2006.

Cross-border activity represented about 57% of all transactions (by value) in the first half of 2007, according to the new European Investment Report issued on Tuesday by CBRE. This compares with 47% in H1 2006.

Central and Eastern European markets continued to be almost completely dominated by foreign capital, and Western Europe saw the highest proportion of foreign investment (more than 70%) in Finland, Germany, France and the Netherlands. Germany attracted a record EUR 16.5 bn of foreign capital in the first half.

Despite the weakness of the US dollar, buyers from the US were by far the most active cross-border buyers in H1 2007, accounting for EUR 21.5 bn in acquisitions in Europe compared with just EUR 13.9 bn in H1 2006. In addition, UK investors continued to increase in importance, accounting for EUR 11.5 bn of acquisitions outside the UK compared with EUR 6.5 bn for the same period in 2006.