Investments in commercial real estates in Europe rose
Investment volumes in European commercial real estates rose by 2.5% and reached 11.97 billion Euro in the 2nd quarter of year 2009 compared to the 1st quarter. Nevertheless, they experienced only 41% of the last year average and only 19% compared to the record in year 2007. As the real estate advisory firm Cushman & Wakefield further informed, the biggest share of the increase in investment volumes in the 2nd quarter had higher activity of foreign purchasers. Average yields of the highest category real estates in Europe reached 7.52%, while in the Western (excluding Great Britain) 6.65%, in the Central 8.63% and in the Eastern European market 12.86%.
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Autor: SITA - Slovak News Agency, Dátum 18.08.2009