24.10.2011 - JLL: European retail real estate investment up 38pct quarter-on-quarter to EUR6.7 bln
Jones Lang LaSalle reports that retail real estate investment remained strong throughout the summer, despite the volatile European recovery and economic headwinds that continued to face the sector. Direct investment in retail real estate in Europe during the third quarter of 2011 reached 6.7 billion, up from 4.9 billion in Q2 2011 and significantly up on the 3.8 billion transacted in Q3 2010. Total investment volumes for the year to date now stand at 20.4 billion, up by 45% over the same period last year, almost on a par with total 2010 volumes and far exceeding full year volumes of 12.3 billion in 2009.............................................Full Article: Source
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