| Direct investment in retail real estate in Europe during the first three months of 2011 reached €8.04 billion, 48% up on the same period in 2010 (€5.4 billion). Investment volumes during the first quarter of the year even surpassed Q4 2010 volumes by 21% as some key transactions were finalized, such as Capital Shopping Centres’ purchase of the Trafford Centre in Manchester, UK, for over €1.8 billion.
In total, there were 12 transactions during the quarter that traded for more than €100 million across Europe..............................................Full Article: Source
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