Investment in the German retail property sector amounted to EUR 3.47 bn in 2009, down 43% on the previous year, according to figures published on Tuesday by CB Richard Ellis Germany. The decline, which was in line with expectations, was primarily due to more difficult financing conditions and an accompanying fall in the number of potential buyers.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
