Commercial Property Investment volume in Europe up by 22% to EUR45bn in Q1 says DTZ

Commercial real estate investment across Europe in the first quarter of this year reached an estimated EUR45bn, according to research from DTZ.

The figures represent a 22% increase on Q1 2014 figures which came in at EUR36.8bn.

Nigel Almond, Head of Capital Markets Research at DTZ, says: “The positive momentum in the market has continued into 2015. Investment continues to be driven by strong activity in the core markets of the UK, Germany and France. The positive momentum has also been maintained in the periphery with volumes up in both Italy and Spain with positive developments in the Czech Republic and Baltic states.”

Magali Marton, Head of EMEA Research at DTZ adds: “We remain confident of the outlook for Europe’s markets during 2015. The weight of money chasing commercial real estate remains strong and supported by good relative pricing and a growing number of opportunities coming to the market. Based on Q1 performance, we expect volumes to grow by 20% over the year to reach EUR225bn in 2015.”