European investment declined
24.01.2013 1970

European investment declined

Investments in European retail property in the 4th quarter decreased by 11% compared to the same period last year, amounting to 7,6 billion euros. The annual investment in this segment amounted to 19,4 billion euros, analysts calculated Jones Lang LaSalle.

In 2012, Germany and the United Kingdom became one of the most attractive markets for investors. In the commercial real estate segment of these countries accounted for 23% and 30% of investments. The top five countries also included Sweden, Norway and France.

The largest transaction in the 4th quarter of 2012, experts at Jones Lang LaSalle called the purchase of a 50% stake in Meadowhall Shopping Center in Sheffield (UK). The transaction amount is 943 million euros. Analysts were also attracted by the acquisition of Kista Galleria in Sweden (€ 526 million). Anthony Pastiroff, head of the commercial real estate investment department at Jones Lang LaSalle in Sweden, notes the high potential of the Swedish market, citing stable investment levels and a large number of foreign buyers.

Adrian Pichy, Head of Commercial Real Estate Investment at Jones Lang LaSalle in the UK, is confident that the country's market, despite the difficult economic realities, remains attractive to foreign investors and is one of the most attractive retail real estate markets, second only to the United States.

Regarding forecasts for 2013, Jones Lang LaSalle believes that investment in retail real estate in Europe will remain at the level of the previous year.

Investments in retail real estate in Europe in the 4th quarter decreased by 11% compared to the same period last year, amounting to 7,6 billion euros. The annual volume of investments in this segment amounted to ...
Euro Shoes Exhibition

Latest News

Expo Riva Schuh & Gardabags took place in Italy

The January exhibition of shoes, bags and accessories Expo Riva Schuh & Gardabags in Italy has ended. The event was attended by 430 exhibitors from more than 30 countries, the exhibition received 3500 visitors from 86…
21.01.2022 212

OR Group made a technical default on bonds

OR Group (former Obuv Rossii Group of Companies) failed to redeem bonds for 0,6 billion rubles on time, allowing a technical default. The holder of the bonds is Promsvyazbank (PSB), with which negotiations are underway. If they fail, the group...
21.01.2022 252

The collaboration between New Balance and artist Joshua Wades has released an updated version of the New Balance 57/40

In the design of the new New Balance 57/40 NB model, created in collaboration with the artist Joshua Vaidsaom, there are flecks - traces of paint that are reminiscent of the artist's youth and his passion ...
20.01.2022 195

MICAM postponed to March

The organizers of Europe's largest international footwear exhibition MICAM have announced the postponement of the date of the event. The exhibition will be held from 13 to 15 March instead of the originally scheduled dates - from 20 to 22…
20.01.2022 278

Detsky Mir recycled about 3 tons of footwear and textile waste

Detsky Mir Group and Dmitrovsky RTI Plant, the largest waste processing plant in Russia, summed up the results of the campaign “New life for unwanted clothes and shoes with benefits for you” for 2021…
20.01.2022 376
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning