News

The summer months saw a slowdown in European commercial real estate investment to €23.1 billion. Whilst this is a 6% fall quarter-on-quarter (€24.6 billion in Q2 2010), compared to Q3 2009 (€18.6 billion) there has still been a healthy increase of 24%, shows a new CB Richard Ellis European Investment Quarterly MarketView as of Q3 2010. The reduced investment turnover reflects recent trends in property pricing and the impact of growing uncertainty over the economic outlook. Investors have been postponing decision-making and have been less aggressive in their acquisition strategies throughout the summer. One of the regions to see the strongest growth in activity quarter-on-quarter was CEE. A reflection of investor confidence in the Polish market, it accounted for over half of the €1.5 billion transacted in the region this quarter.