European retail real estate rings up EUR 26 bn

Retail real estate transactions in continental Europe reached a total of EUR 26 bn in 2006 - up 77% on 2005, and three times higher than the level in 2004, according to research by property advisor Jones Lang LaSalle (JLL). The number of transactions last year was up by two thirds compared with the year before. JLL recorded a total of 420 transactions in 2006 compared with 249 in 2005.

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