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Europe Retail & Shopping Centre : Record volume in 2015 - Q3 2014

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A research produced by DTZ

Europe Retail & Shopping Centre : Record volume in 2015 - Q3 2014

Europe is emerging from the crisis with positive GDP, retail sales and consumer spending growth forecast for the next five years. But, the speed and extent will vary. The UK, CEE and Nordics are leading, while retail sales in France and Germany are losing ground. Southern Europe is also returning to growth. However, high unemployment rates remain a concern, especially in Spain.

Total investment volume grew by 25% in Q1-Q3 2014 to EUR111bn compared to the same period last year. Retail posted EUR32bn volume, implying a strong 47% increase. The UK and Germany accounted for 38% and 21%, respectively. Southern Europe posted the biggest increase of 209% in volume over the nine first months with EUR5bn of acquisitions recorded.

Source : DTZ

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Keywords : DTZ