In most countries the reported lack of financing has restrained investments. However in some core markets including the UK, Germany and France domestic and international equity has supported volumes. In 2011 the investment volume in our survey area was up by 6% and totalled €101bn. The top three markets accounted for nearly 80% of the total European volume. Defensive strategies have steered investors towards retail assets notably shopping centres, but still the bulk of investors are targeting offices. The share of office investments represented 47% of the total commercial turnover in Europe.
Source : Savills