Commercial

For the second consecutive year, London remains the top destination in Europe for hotel investment according to the 2024 European Hotel Industry and Investment Survey by Deloitte. The UK capital has retained its top spot as most attractive city in the Old Continent for hotel investment in the year ahead, followed by Paris and Madrid…

Banks in the European Union are vulnerable to real estate ‘cracks’, the European Banking Authority (EBA) warned in its latest risk assessment report (RAR). Lenders across the bloc have lent more than 1.4 trillion euros ($1.5 trillion) to the commercial real estate (CRE) sector and also face “elevated geopolitical risks coupled with economic and interest…

EUROPE: Sweden-based multinational construction and development company Skanska has sold the innovative Studio B office building in Warsaw, Poland, to Stena Real Estate, for EUR 86M (about SEK 1 billion). Stena Real Estate is an international property company that is part of the privately owned Swedish Stena Group. The transaction will be recorded by Skanska…

Commercial real estate investment dropped to its lowest in 11 years in Europe in the first quarter of 2023, according to MSCI Real Assets. The number of office deals— Europe’s largest real estate sector — fell to its lowest on recordgoing back to 2007, while the volume of transactions slumped to a 13-year low of…

Commercial real estate deals in Europe are becoming more complex and are taking longer to complete, a new report reveals. The Real Estate Transaction Barometer 2022 conducted by provider of virtual data rooms Drooms, evaluated more than 4000 transactions between the years 2019 and 2022, as well as surveying 172 real estate professionals in several…