Persistent reports of renewed interest among investors in UK and European real estate failed to translate into more large transactions in July. PropertyEU’s research team recorded just 16 deals in which transaction volumes of EUR 50 mln-plus were reported in July.
Persistent reports of renewed interest among investors in UK and European real estate failed to translate into more large transactions in July. PropertyEU’s research team recorded just 16 deals in which transaction volumes of EUR 50 mln-plus were reported in July.
The total volume came to EUR 1.9 bn - a shadow of the EUR 10.8 bn total volume of the 24 large deals in the same period last year when the credit crunch had already locked its jaws on the market and was choking off investment activity. The top-10 transactions with reported investment volume in July this year were, bar one, single property transactions.
PropertyEU has begun tracking deals of EUR 20 mln-plus to take account of the downsizing in average transaction volumes. When the deals of EUR 20 mln are added to our July ranking, the total volume for the month rises to just EUR 2.2 bn.
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