24.05.2011 - Savills: Brussels investment levels set to exceed EUR2 bln. in 2011 as new assets hit the market
The Brussels office investment market is on track to exceed 2 billion in 2011, which is a return to average levels seen in the early 2000s according to research by international real estate advisor Savills. The firm reports that investment turnover in the city increased by 234% in Q1 2011 compared with the same quarter in 2010, from 124 to 416 mln. Nationally for Belgium, Savills data reveals that turnover reached 616 mln. in Q1 2011, which already represents 48% of the total volume achieved in 2010..............................................Full Article: Source
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