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European Transaction-Based Price Index - Recovery delayed by non-UK price declines - Q2 2014

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European Transaction-Based Price Index - Recovery delayed by non-UK price declines

Prices for All European commercial real estate were up by 0.9% over the quarter in Q2 2014 according to our latest DTZ European transaction-based price index (TBPI). This increase follows declines in recent quarters, with annualised growth slowing.

Prices in Europe (ex UK) were down 3.4% over the quarter. This is the third consecutive quarter of deteriorating prices. Continental European prices are now 5% below their level a year ago and 22% below their peak level in 2006. This trend is partly triggered by the continued increase in the number of sales in non-core markets, such as Italy and the Netherlands.

Source : DTZ (Groupe UGL)

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Keywords : DTZ