Preliminary figures compiled by Savills suggest that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70 billion ($77 billion), a 19.5 percent increase year-on-year. Despite geopolitical events, the real estate adviser expects solid European investment activity for the remainder of the year, notably fueled by large portfolio and entity deals.
Savills anticipates total European real estate investment volumes for 2022 to reach between €300 billion and €330 billion ($330 billion and $363 billion), which would be 5 percent–10 percent above the five-year average, as long as the Russia/Ukraine crisis doesn’t last too long and doesn’t have a long-term impact on the European economy.
“Given the current context, we expect most of the investment activity this year will focus on Western Europe and particularly the core countries of United Kingdom, Germany and France,” said Lydia Brissy, director, Europea
