Demand for flexible workspace in Germany grew by 79% in the first quarter of 2020 compared to Q1 2019, and by 20% between Q2 and Q3 of this year, according to The Instant Group’s latest report, Finding the Balance. Germany’s top eight cities, including Munich, Cologne and Leipzig, are behind 69% of all flexible workspace demand during the first half of 2020.
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Europe’s commercial real estate markets maintained their trend of slowed rental growth and yield development across most markets in Q3 2020 according to Cushman & Wakefield’s latest DNA of Real Estate.
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EMEA office markets will stage a swifter and stronger recovery from the Covid-19 pandemic crisis than expected, according to Damian Harrington, EMEA head of research at global real estate advisor Colliers International.
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Investment volumes in Central and Eastern Europe (CEE) have remained relatively healthy for the first three quarters of 2020 at around €8.0 bn, down just 12% year-on-year, according to new data from Colliers.
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A trophy London office tower, a pan-European logistics portfolio and the prospect of a retail sell-off from one of the UK’s biggest REITs emerged this week.
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PropertyEU’s weekly data sheet returns today, rounding up the latest assets to come to market, investment transactions, equity capital raising and new lending.
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The German residential property market has been almost unaffected by the Covid-19 pandemic this year with around €15.8 bn of housing properties changing hands in the first three quarters of 2020, according to new research published by broker Savills.
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The European logistics sector continues to attract plenty of capital amid the myriad of uncertainties caused by the Covid-19 crisis, with the asset class being the only major property type to register higher deal activity so far this year than 2019, according to new research from Real Capital Analytics.
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The German commercial real estate investment market recorded a transaction volume of €41.1 bn in the first nine months of the year, in line with the five-year average and a decline of only 9% year-on-year, according to a new report published by broker Savills.
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Several deals are set to be closed in Poland in the final quarter of 2020 as investors resume negotiations on transactions which were put aside earlier in the year due to the pandemic, according to adviser Avison Young.
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Europe’s designer outlet group, McArthurGlen announced on Wednesday that its long-serving CEO, Julia Calabrese, will assume the new role of Vice Chairman, with Susie McCabe and Joan Jove succeeding her as co-CEOs.
