'Alternative' non-bank financial institutions continue to take up a more significant share of an increasingly diversified mix of active lenders in Europe.
According to Cushman & Wakefield's Corporate Finance team, European banks and asset management agencies have a gross exposure of €584 billion to non-core real estate which is subject to disposal or work-out strategies.
According to CBRE, the first half year results pushed commercial real estate investment volumes in Central & Eastern Europe (CEE) (excluding Russia) to €2.5bn, an increase of 15% on the same period for 2013.
£3.38 billion worth of central London commercial property transactions took place in Q2 2014; this takes total H1 London investment to £7.6 billion.
London's West End remained the world's highest-priced office market, but Asia continued to dominate the world's most expensive office locations.
Paris is the world's hottest global retail market attracting 50 new brands last year, while France is ranked as the leading country for new entrants.
Overseas commercial real estate investors are increasingly being drawn to UK regional cities.
France's consumer spending is expected to increase by 0.6% in Q2.
Central and Eastern Europe (CEE) continued to dominate shopping center development activity last year.
U.K.'s largest shopping mall operator, has purchased three shopping centers from Westfield Group for £867.8 million.
Approximately 14.1 million square meters of new shopping center space is expected to be delivered across Europe in the next two years.
Greenland Group has purchased the stalled site for Europe's tallest residential tower.