23
October
2007
|
00:00
Europe/London

CBRE Reports European Property Investment Activity Reached Record Level in 3rd Quarter 2007

London, October 17 2007 – CB Richard Ellis Group, Inc. announced that commercial real estate investment activity in Europe reached a record level in the third quarter of 2007. Total investment in European real estate rose 24% to approximately €65 billion in the third quarter of 2007, as compared with the third quarter of 2006. This high level of activity was achieved despite the more challenging financing environment that emerged over the summer.



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