New high in retail investment volumes

Madrid-shopping-centre-THUMB.jpegMAPIC 2015: A new high in retail investment volumes is expected to be reached this year, according to BNP Paribas Real Estate.

Transactions are set to reach €68bn (£47.6bn) across Europe in 2015, with the six largest markets – the UK, Germany, France, Spain, Poland and Italy – cumulatively hitting volumes that are 30.8% up on last year.

Germany will post a record year with volumes of €17bn and should overtake the UK.

Retail rents across Europe have started to stabilise after a period of growth, said BNP Paribas Real Estate.

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samantha.mcclary@estatesgazette.com