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- January 1, 2016: Vol. 10, Number 01

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Property sales decrease in Q3 2015

by Andrea Waitrovich

While European property transaction activity slowed slightly during the third quarter compared with the first two quarters of the year, the year-to-date volume is still up approximately 30 percent compared to the same time in 2014.

During the third quarter of 2015, 2,345 properties were sold across Europe, for a total of €60.1 billion in property sales. This was a decrease compared to the completed sales totals for the second quarter and first quarter, €68 billion and €72.6 billion, respectively; however, it is thought that 2015 will end up surpassing the 2014 sales transaction volume, which stands at €224.9 billion.

The United Kingdom continues to be the prime location in Europe for investors’ capital; London recorded the highest sales total for the third quarter, €8.6 billion. Although this was a decrease compared to the previous quarters, €17.6 billion for Q2 2015 and €11.9 billion for Q1 2015, the London market already has surpassed 2014’s 12-mont

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