The transaction volume includes €7.2 bn of acquisitions and €5.3 bn of disposals. In addition, the direct business was also awarded new asset management mandates totalling around €600 mln. 

Top Investors
The 2017 deal volume represents an 11% increase on the volume BRE Global Investors transacted in Europe during 2016.

The 2016 volume put CBRE Global Investors in first place in PropertyEU's previous Top Investors Deals and Dealmakers ranking. That ranking was based on European real estate transaction activity in 2016. The next Deals and Dealmakers ranking, based on transaction activity in 2017, is published in May this year. 

CBRE Global Investors said that 2018 is shaping up to be another strong year for the company as €1.8 bn of acquisitions have already been agreed or closed. 

Sophie van Oosterom, CIO EMEA, CBRE Global Investors said: 'In 2017, we successfully invested capital on behalf of our clients in 13 countries and committed to more than 80 transactions across retail, logistics, commercial, residential and hotels. Our results over the past 12 months are based on strong investment performance in an increasingly competitive environment and reflect the continued confidence and trust of our investor clients.

'We have another significant year of transactional activity ahead of us, and we look forward to leveraging our pan-European sector expertise, local market knowledge and established platform to deliver outstanding investment performance for our clients.'

Sectors
About 40% of the company’s acquisitions were in the retail sector, with a further 30% in industrial and 15% in residential and hospitality. This demonstrates the broad knowledge base within CBRE Global Investors' local transaction and asset management teams.

John Mulqueen, head of transactions EMEA, CBRE Global Investors, said: 'These increased volumes reflect the continued success of our dedicated team to execute transactions across the EMEA platform on behalf of a wide range of clients. A detailed understanding of our clients’ investment requirements, coupled with our extensive local expertise enabled us to secure attractive opportunities in areas of the market where we continue to see the potential for superior performance through rental growth and asset management.'

CBRE Global Investors completed almost $29.8 bn (about €24.8 bn at end-2017 exchange rates) in transactions globally in 2017. This includes $15.6 bn in acquisitions and $14.2 bn in disposals.

Image: Sophie van Oosterom, CIO EMEA, CBRE Global Investors