London Attracts 39% of European Property Investment, FT Reports
By Alan Purkiss -
2011-10-04T05:07:50Z
London was the destination for 39 percent of the 21 billion pounds ($32 billion) invested in European commercial real estate in the 18 months to July, the Financial Times reported, citing research by CB Richard Ellis Group Inc. (CBG), a property services company.
Eight billion pounds flowed into London, compared with 1.63 billion pounds invested in Paris, 700 billion that went to Berlin and 600 billion attracted to Frankfurt, according to the newspaper.
To contact the reporter on this story: Alan Purkiss in London on apurkiss@bloomberg.net.
To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.
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