Direct retail real estate investment in Europe in the first quarter 2010 accounted for EUR 5.4 bn, more than double the volume of Q1 2009, according to Jones Lang LaSalle. ‘The Big 5’ core European markets continue to be the main focus for investors, with volumes in these markets (UK, France, Germany, Italy and Spain) accounting for over 80% of total retail transactions across Europe.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
