German and French real estate investors already ahead of last year’s investment volume

German and French investors are on track to allocate more capital to real estate than last year in a number of European countries, according to Savills.

Between January 2020 and September 2020, German investors invested more than €1.4 billion ($1.65 billion) into Spanish commercial property, an increase of 77 percent on last year’s total volume (€800 million/$943 Million). During the same period of time, more than €1.89 billion ($2.23 billion) was invested into the United Kingdom (compared with €1.9 billion/$2.24 billion for the whole of 2019) and more than €850 million ($1 Billion) into Italian real estate (79 percent of last year’s total of €1 billion/$1.18 billion). If investment in the final quarter of the year holds pace, year-end totals could well surpass last year’s totals in both countries.

Similarly, French investors have already allocated €2.45 billion ($2.89 billion) to German and €326 million ($384 million) to Irish real estate, compar