Investing in property in Europe were slow at the beginning of the year
Investments in real estate in Europe have slowed significantly in the first quarter of 2012. The volume of deals for the period was 17.7 billion against 20 billion in the first three months of the last year and 26 billion in the fourth quarter of 2011. Overall, however, recent quarters have high activity of investors as buyers and sellers seek to reach agreement before the end of the year.
According to CBRE data the volume of transactions in Europe dropped by 18% in the first quarter compared to the same period last year and 31% from the fourth quarter of 2011. The trend is only the Scandinavian region, where volumes increased by 50% compared with the first three months of last year.
Markets in the region are favorable for a stable financial situation and better prospects for economic growth, experts explain the company.
Sweden continues to be a key objective for many investors, and increasing interest of foreign investors in other Scandinavian countries.