Jones Lang LaSalle has confirmed it expects direct investment in commercial real estate in Europe in 2010 to increase by 20 to 30% on 2009 levels, which stood at EUR 69.2 bn. According to Jones Lang LaSalle's latest European Capital Markets Bulletin, EUR 24.6 bn of commercial real estate was transacted in Q4 2009 in the region, more than double the EUR 11.6 bn in Q1 2009 and 50% more than the turnover in Q4 2008.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
