Asset Management

Draghi seen as stoking property boom

European commercial real estate deals hit record in 2015, with QE regarded as a prime culprit

Commercial property deals hit a record in 2015
Commercial property deals hit a record in 2015

European commercial real estate deals hit a record €246 billion during 2015, as investors took advantage of monetary easing by the European Central Bank to pile into the sector.

According to a report published on February 4 by estate agent Cushman & Wakefield, 2015 broke the record of €230 billion for commercial real estate deals set at the height of the credit boom in 2007. Fourth quarter deals of €70 billion represented a 24% increase on the previous quarter.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached