Direct retail real estate investment in Continental Europe was up by 85% at EUR 1.9 bn in the second quarter of 2009, compared to EUR 1 bn in the first quarter of the year, according to new research from Jones Lang LaSalle. The rise was largely driven by an increase in lot size rather than number of deals, 33 deals in Q1 compared to 38 deals in Q2.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
