Europe's commercial property market hottest since 2007

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.