The high volume of investment transactions finalised in the last quarter of 2012 and strong investment activity in Q1-Q3 2013 resulted in an impressive €3.7bn rolling 12 month investment volume.
Total investment volume in Q1-Q3 2013 was €2.08bn with the expectation to hit €3.0bn by the end of the year.
Top ten buyers did ca. 74% of the last 12-months volume of transactions. German and US investors are on top of the list.
Investors are targetting prime and opportunistic assets across all property sectors.
Prime yields remain stable, but with limited demand for secondary assets the gap between prime and secondary yields keeps widening.
With shrinking availability of prime assets, especially in office and retail sectors, more focus on regional office markets and secondary retail locations is expected next year.
Source : Savills