Year-to-date European retail investment volumes have now surpassed €24.6 billion ($28 billion), a 16 percent increase on the same period in 2024 and 3 percent above the five-year average for first quarter through third quarter, according to Savills. This retail resurgence is slowly spreading across the continent, as most markets have recorded annual increases in retail investment, with standout growth in Belgium (+241 percent), the Netherlands (+180 percent), Denmark (+135 percent), Portugal (+128 percent) and Finland (+114 percent).
Shopping centers have continued to regain popularity, with investment in the sector accounting for 30 percent of total retail volumes since the beginning of the year, up from 26 percent during the same period in 2024. This increase was largely driven by a rise in the number of larger transactions.
James Burke, director, global cross border investment at Savills, said, “The fundamentals of the retail market are clearly improving, drawin