Publications

- October 1, 2019: Vol. 13, Number 9

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Europe’s secondary locations take centre stage

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Cities in Europe’s secondary locations have all seen increased investment activity in the first six months of 2019, according to research from Savills. Prague, Warsaw, Stockholm, Berlin, Dublin, Athens and Milan have all recorded a rise in transactions. Marcus Lemli, head of investment for Europe, Savills, explains that limited availability of quality product, coupled with investors holding onto assets for longer, is restricting activity in core locations. “This has meant investors have begun turning their attentions to these secondary markets in which yields are more attractive,” says Lemli. “This is a trend we expect to see continue as we push on into H2.”

 

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