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Europe's commercial property market hottest since 2007

Published Wed, Feb 4, 2015 · 09:50 PM
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London

EUROPE'S commercial property market sizzled last year, as demand for property in Paris, buoyant second-tier British and German markets and strong private equity interest in Ireland and Spain sent deals to their highest level since the financial crisis.

Europe saw 213.1 billion euros (S$328.3 billion) of commercial real estate transactions in 2014, a rise of 13 per cent over 2013, according to a report by research firm Real Capital Analytics (RCA) released on Wednesday.

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