Trademagazin > News and articles > Market News > Despite the economic downturn caused by the pandemic, European investment has exceeded expectations
Despite the economic downturn caused by the pandemic, European investment has exceeded expectations
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.
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