Investments into European commercial real estate decrease
International consulting agency Jones Lang LaSalle prove that volume of the investments, enclosed in the commercial real estate of the Europe in 2008, will decrease on 55 % in comparison with last year’s parameters.
Investments into the given sector of economy of the Europe can reach €99 billion by the end of current year. In the fourth quarter of year the total cost of the concluded transactions will make €14,4 billion -it is on 30 % less, than for the similar period year earlier.
The chapter of a department of studying of the markets of capital Jones Lang LaSalle of Toni Horrell has declared that reduction of volumes of investments into the commercial real estate of the Europe is caused by a global economic crisis and decrease in a level of trust of investors.
In the beginning of 2009 investment activity will remain low.
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