Germany strongest European market in Q3 2015, says JLL
Preliminary global real estate transaction volumes for Q3 2015 show investment volumes in Europe reached EUR 59.3billion, 24% higher than Q3 2014
Germany performed the strongest of all European markets with 79% increase in activity y-o-y to EUR 13.5 billion following a particularly strong Q3 year to date, with volumes up 46% year-on-year after a very strong Q3.
Third quarter European real estate volumes have cemented Europe’s position as a ‘safe haven’ destination for global capital with preliminary numbers from JLL, reaching EUR 59.3billion, a 24% increase on the same time last year (a 4% increase in USD terms).
Since the start of 2015, commercial real estate investment in EMEA has remained strong with a 19% increase taking overall volumes to EUR 162billion. UK volumes were slightly weaker by 18% compared to the previous year, yet remain 11% ahead on a year-to-date basis.
According to JLL the region has benefited from investors’ increased appetite for safe haven assets combined with plenty of liquidity looking for stable returns and with many deals still on the table we expect this positive, robust momentum to carry through from Q3 to the end of the year.