A revival on the retail property market in Europe

European retail property investment sales totaled 13.5 billion euros in the last quarter of 2012, compared to the average quarterly turnover of 9 billion euros of the recent years – the CBRE real estate consultancy told MTI on Tuesday. Compared to this year's third quarter, the sector shows a growth of 90 percent.

Germany has become increasingly popular among international investors, the value of cross-border transactions rose by almost 60 percent in the second half of 2012.

The powerful all-European final quarter shows that investors remain risk averse, only the properties that can be found in high-performing economies are interesting them. (MTI)