The production of commercial real estate loans almost halved last year from EUR 12 bn to EUR 6.6 bn, according to research from PropertyNL, the Dutch sister publication of PropertyEU. Compared to 2008, this marks a decline of 70%. At the peak of the market in 2007, lending production reached EUR 27 bn.
Central London's Grade A office market has seen a 4% increase in take-up volume compared to the five-year quarterly average before the pandemic, according to new data from Cushman & Wakefield.
