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Spain, Ireland and Europe’s recovering markets continue to improve

Spain, Ireland and Italy all saw year-on-year increases in investment activity in Q1 2014 as investors continue their climb up the risk curve. While London still attracts a significant amount of capital, growth is much more dynamic in destinations with higher risk/yield profile. Eurozone peripheries and Central Europe will all benefit from this influx of new money throughout the year, according to the latest research from global property advisor CBRE.

DOROTTYA UDVAR AMONG THE BEST BUILDINGS IN EUROPE

Dorottya Udvar received a BREEAM "Excellent" classification with the highest score in Central and Eastern Europe in the operating building ("In use") category. The sustainable operation of buildings is in the interest of both the property owner and the tenants because this way the building can be operated effectively, the operating costs remain low, and last but not least the environmental impact is minimized.

European retail real estate investment volumes reach €6.6bn in Q1 2014

Large transactions in core markets push volumes up 27% from Q1 2013; FY2013 volumes expected to be bettered in 2014 Budapest, 12 May 2014 – JLL reports building momentum for retail real estate investment in Europe, after a solid start to the year, and following on from the strong volumes experienced in the second half of 2013.

Strong start for European commercial real estate investment market in 2014

Improved investor confidence and lending conditions, as well as notably increased activity from opportunistic investors in recovering markets, led to a strong start for the European commercial real estate market in 2014, according to the latest research from global property advisor CBRE. Hungary is expected to attract EUR 250 million already in H1 2014.

RECORD TAKE-UP FOR CENTRAL EUROPEAN OFFICE MARKET

Take-up in the CEE region exceeded all previous levels and hit a new record high of 1.4 million sq m office space being transacted in 2013, according to Cushman & Wakefield (C&W) the world largest privately held commercial real estate services firm in their latest Central European office market update. The market report analyses Bratislava, Budapest, Prague and Warsaw where the total combined office stock equates to nearly 12 million sq m, tempered by limited new supply being released in the region (circa 436,000 sq m).

Global shopping centre development rises to 39 million square metres

According to the latest research from global property advisor CBRE a total of 39 million square metres of shopping centre space is under construction across the world’s major cities, representing a three million sq m increase from 2013. CBRE expects more significant developments in Budapest.

Bulls return to the European commercial real estate market

The mood at MIPIM 2014 was overwhelmingly positive with 85% of property professionals declaring that they are feeling ‘bullish’ about the European commercial real estate market, according to a recent opinion poll by global property advisor CBRE. CBRE surveyed more than 300 property professionals at MIPIM 2014 - the world's biggest property forum held in Cannes - to discover current sentiment in the European commercial real estate market.

Germany is the most popular global market for retailers in 2014

Germany is the most sought after retail market in the world with 40% of global retailers planning to open a store there in 2014, while US retailers dominate large-scale expansion plans with almost half aiming to open 40 stores or more, according to the latest research from global property advisor CBRE.