With a total of €44.2 billion ($45.6 billion) invested during the past 12 months, investment in retail assets in Europe continues to rally, according to BNP Paribas Real Estate. This 20 percent increase is higher than for offices (10 percent) or logistics (17 percent).
Investment in retail warehousing in Europe (France, Germany, United Kingdom, Italy, Spain and Poland) stands at €13.3 billion ($13.7 billion) during a rolling year, down slightly by 4.5 percent compared to the previous year. Nevertheless, this asset category accounts for the lion's share of investment in retail property (43 percent).
The high street segment (France, Germany, United Kingdom, Italy and Spain) enjoyed a strong year-on-year trend with investment of € 10.4 billion ($10.7 billion), up 74 percent over the previous year.
This was higher than 2019 (+3 percent) and 2020 (+5 percent). The strong momentum was largely driven by a few major deals that lifted the total amount.
