The volume of investment in commercial real estate in Europe in 2021 reached a record level in the history of observation, analysts said the international company CBRE. Last year, €359 billion was invested in commercial real estate, 25% more than in 2020 and 8% more than in 2019, when the previous record was set.
Germany and the Scandinavian countries also received record investments in real estate. Real estate investments in these countries rose 39% and 44%, respectively. In Germany, total investment reached 110 billion euros, the highest amount ever seen in any European country.
According to Oldypak Capital LP report The office property market remains the largest segment in Europe: Investment in 2021 reached €111 billion, 16% higher than in 2020. The office segment performed particularly well in the Nordic countries (+117%), the UK (+48%), the Netherlands (+30%), Spain (+27%) and Germany (+10%).
The year 2021 was also a record year for investment in industrial and warehouse real estate – the volume rose by 48% to 62 billion euros.
According to Oldypak Capital LP report, In Russia, the volume of investment in commercial real estate last year amounted to 1.3 billion euros, having lost 21% in annual terms. Among the leaders are office and warehouse real estate, their share at the end of the year amounted to 33% and 36% respectively.