Retail property investment in Europe rose by 29% in Q2 2012 to EUR 3.9 bn compared to the first half of this year, but was down 54% over the first half compared to the year-earlier period, according to preliminary figures from Jones Lang Lasalle. At EUR 7 bn over the first six months compared to EUR 15.3 bn a year ago, the first-half figure is also significantly below the H1 five-year average of EUR 10.3 bn.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
