RE: The "AT"s are taking over..13 Sep 2024 15:40
UK leads resurgence in European office investment - FRI, SEP 13 2024
The U.K. is leading a recovery in Europe’s long subdued office real estate market, with overall investment in the sector expected to pick up further in the second half of the year.
Ireland, the Netherlands and southern Europe are also showing momentum, according to Savills, while France and Germany continue to struggle.
Occupancy rates remain a concern, with a divide emerging between highly amenitized properties with green credentials and those without.
LONDON — The U.K. is leading a recovery in Europe’s long subdued office real estate market, with overall investment in the sector expected to pick up further in the second half of the year.
Britain recorded 4.1 billion euros ($4.52 billion) worth of office transactions in the first six months of 2024, accounting for almost one-third (29%) of total European office deals, according to August data from international real estate firm Savills.
https://www.cnbc.com/2024/09/13/european-office-investment-recovery-led-by-uk.html