Despite the economic downturn caused by the pandemic, European investment has exceeded expectations

By: Trademagazin editor Date: 2021. 01. 27. 11:12

The volume of commercial real estate investments in Europe reached 275 billion euros last year. Although this represents a decrease of 17 percent, compared to 331 billion euros in 2019.

Turnover in 2020 still exceeded preliminary expectations for the effects of the Covid-19 pandemic. Looking at the Hungarian market, the total value of the investment was 1 billion euros, according to the latest data from the leading commercial real estate consultant, CBRE.