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German retail acquisitions soar
Published Wed, May 21, 2014 · 10:00 PM
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[BERLIN] German retail property acquisitions more than doubled in the first quarter as demand for stable returns pushed the total above the UK for the first time since 2012, Cushman & Wakefield Inc said yesterday in a report.
Investors bought 3.43 billion euros (S$5.87 billion) of German shops and malls in the first quarter, 116 per cent more than a year earlier, David Hutchings, Cushman & Wakefield's head of Europe, Middle East and Africa investm…
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