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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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