Deals
Germany Overtakes U.K. as Top Investment Pick of Property Funds
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Germany overtook the U.K. as the most-favored investment location in Europe for unlisted real estate funds as the recovery of its economy, the continent’s largest, made offices and retail properties more attractive.
The U.K. fell to fourth place behind Germany, France and the Nordic region, according to an annual report by the European Association for Investors in Non-Listed Real Estate Vehicles. Inrev, as the association is known, surveyed investors and fund managers overseeing 981 billion euros ($1.3 trillion) of assets.