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Bucharest
August 4, 2021
BUSINESS

Investment in commercial properties to grow 44 pc in 2010

Investments in commercial properties (offices, retail, logistics, etc.) from EMEA region, which includes Europe, the Middle East and Africa, will growth by 44 per cent this year, to EUR 115 bln, returning to 2004 level, Cushman & Wakefield estimates. “We anticipate growth volume by 44 per cent, to USD 152 bln (EUR 115 bln) – the same level as in 2004,” Michael Rhydderch, chief of EMEA division for cross-border investments, Cushman & Wakefiled say, quoted in a company press release. Cushman estimates that foreign investors will show a high interest for the EMEA markets this year, generating significant demand, but stresses that assets and properties that could determine material transactions are difficult to find. Thus, investors should be careful to identify “value” and opportunities given by market prices, without being “deceived” by hastily set prices and high yields.

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