European investment declined
24.01.2013 2560

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 ...
5
1
Rating

Latest News

Sneakers with Donald Trump's victory image become bestsellers

"Fight Fight Fight" is the name of a pair of high-top sneakers featuring a victorious image of Donald Trump after the attack. The shoes, which the politician released in memory of the terrorist attack in Pennsylvania, were produced in an edition of 4700 pairs, and were a commercial success. Pair…
20.07.2024 394

Birkenstock opens first store in Paris

Birkenstock's first Parisian store opens this Saturday. Two-story store with an area of ​​130 sq. meters is located in the heart of the fashionable Parisian Marais quarter, where interior showrooms, art galleries, boutiques,…
19.07.2024 511

OrthoLite expands its production center in Europe

The American insoles manufacturer has announced the expansion of its European facility, OrthoLite Europa (OEU), located in Almansa, Spain. The company strives to become closer to European partners and aims to increase…
18.07.2024 669

Almaty will host an exhibition of footwear, fur, leather and accessories Euro Shoes@CAF

From August 18 to 20, the main exhibition of the fashion industry in Central Asia - Central Asia Fashion (CAF) will be held in Almaty at the Atakent exhibition complex. For the fourth season of CAF, it is being held with the support of the Moscow International Footwear and…
17.07.2024 573

Supreme to sell for $1,5 billion

VF Corp. will sell the popular street fashion brand Supreme, significantly lower than the price of its purchase made by the corporation in 2020, against the backdrop of falling sales and declining interest in street style, writes...
17.07.2024 855
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning