Growing retail real estate investments in the second quarter of 2009
According to the latest reasearch of Jones Lang LaSalle real estate consultant; European retail real estate investments increased 85 by percent in the second quarter compared to the first quarter.
The expansion is mainly because of the property size increases more, than the number of transactions. The well located plazas and shopping streets are the most popular.
The investment volume was approximately two billion euros in the period and three billion euros in the first half of the year. This result is similar to the value of the investments of the first half of 2004 – reports Világgazdaság Online.
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