| European commercial property investment activity hit €28.5 bln. in the first quarter of 2011, 45% up on the opening period of last year. Activity was down 30.5% on a quarter-over-quarter basis but this was no great surprise given that the closing three months of 2010 was the strongest quarter since Q1 2008 as investors felt under real pressure to close deals before the year-end.
Commenting on the figures, Michael Rhydderch, Head of the European Capital Markets Group at Cushman & Wakefield said: “The year started well, with plenty of momentum from 2010 and unfinished deals to complete..............................................Full Article: Source
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