European Property Investment up by 9% to € 120.7 billion
Jones Lang LaSalle report the demand for property within the EU is remaining strong and figures are consistently rising.
According to investment news from Jones Lang LaSalle, overseas property investment within Europe, in the first half of this year, rose by 9% to €120.7 billion with demand set to continue in 2007. The European Capital Markets Bulletin continued to state that the UK is expected to start falling behind the rest of the continent. Even so, 34% of the capital volumes came from the UK with sales up 4% to €40.6 billion.
Property research also shows that real estate sales in Germany came in 2nd and rose to €26.6 billion by year end 2005, up by 25%. In 3rd place came France in terms of the volume of direct investment with a total of €15 billion and the Netherlands recording their highest figure to date of €6.6 billion.Tony Horrell, the chief executive of European Capital Markets at Jones Lang LaSalle, said that he expects investment demands across continental Europe to ‘remain strong’, There are still vast levels of capital, that have been raised within the year, specifically for the European property market.
Mr Horrell did however ere on the side of caution remarking that the rate should slow down, by the end of the year, commenting that; 'Following a record start to the year we see 2007 as another strong year of investment volumes, supported by positive rental growth and good occupier demand,' he said. 'However, we do foresee a two-speed market emerging, with a slower pace of investment activity in the UK compared to continental Europe.'
For more information on European and Global investment opportunities and to find out about Obelisk International’s latest projects, contact: Obelisk International on 0808 1600670
or info@obeliskinternational.com
According to investment news from Jones Lang LaSalle, overseas property investment within Europe, in the first half of this year, rose by 9% to €120.7 billion with demand set to continue in 2007. The European Capital Markets Bulletin continued to state that the UK is expected to start falling behind the rest of the continent. Even so, 34% of the capital volumes came from the UK with sales up 4% to €40.6 billion.
Property research also shows that real estate sales in Germany came in 2nd and rose to €26.6 billion by year end 2005, up by 25%. In 3rd place came France in terms of the volume of direct investment with a total of €15 billion and the Netherlands recording their highest figure to date of €6.6 billion.Tony Horrell, the chief executive of European Capital Markets at Jones Lang LaSalle, said that he expects investment demands across continental Europe to ‘remain strong’, There are still vast levels of capital, that have been raised within the year, specifically for the European property market.
Mr Horrell did however ere on the side of caution remarking that the rate should slow down, by the end of the year, commenting that; 'Following a record start to the year we see 2007 as another strong year of investment volumes, supported by positive rental growth and good occupier demand,' he said. 'However, we do foresee a two-speed market emerging, with a slower pace of investment activity in the UK compared to continental Europe.'
For more information on European and Global investment opportunities and to find out about Obelisk International’s latest projects, contact: Obelisk International on 0808 1600670
or info@obeliskinternational.com
posted by Chris at 12:34 pm
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