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France 'a top target' for commercial property investment in Europe

Date : (News Section: France)

France 'a top target' for commercial property investment in Europe
France was one of the most active commercial property markets in Europe during the second quarter of this year.

Data published by CBRE revealed that the volume of transactions completed in the country was significantly higher on both a quarterly and an annual basis.

Paris, in particular, has been targeted by investors seeking office properties, the firm added, while three large deals helped bolster volumes in the French commercial real estate sector during the three months from April to June.

CBRE highlighted the continuing trend for equity-rich investors to take centre stage in the European property investment sector, as bank lending is still restricted. 

Earlier this month, Investment Europe reported on research published by La Francaise Asset Management, which pointed to the high number of overseas buyers entering the country's commercial real estate market.

According to the firm, over 50 per cent of transactions in 2012 are expected to be concluded by foreign investors, with offices, retail outlets and high-end hotels the top targets for this demographic. 

Article by +Danny Bance on behalf of

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