Investors piled a record €359bn (£300bn) into European property last year, targeting homes and warehouses as they pulled back from pandemic-hit offices and shops.
According to CBRE, institutional investors, family offices and sovereign wealth funds have shifted focus to BTR, investing €102.6bn – 42% more than in 2020.
Investors also spent €111bn on offices last year, but with uncertainty hanging over the future of work, that figure was 20% below 2019 levels.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
