Europe’s core markets are flying with billions of euros more deals signed off this week.
The UK property investment market is uncharacteristically quiet at this 2020 year end. The country has its own very real Brexit-transition deal or no-deal issue to bring to a close.
Elsewhere in Europe, deals are crossing the line thick and fast. Noticeable trends this month have been the significant number of closing transactions that had been in exclusivity for months. PropertyEU has not included some of them this week as we had previously reported them, such as AEW’s acquisition for circa €500 mln of the German ‘Roots’ logistics portfolio.
Another trend is just how many are off-market transactions, reflecting the reluctance of many investors to take part in costly bidding processes through such a difficult year, and the willingness of many sellers to take their time during Covid.
Once again, popular assets include: German offices, logistics and residential as well as healthcare and CEE offices.
The Nordics which has had a very strong Q4 2020, ends the year with its largest transaction: a €1.6 bn residential sale.
We also track the latest fund capital raises, assets on the market and new financings.
Click here to access the data.
The Weekly Data Sheet is taking a two-week seasonal break. The next round-up will be in early January.
