The retail investment market in Europe is becoming more attractive for opportunistic investors. This is the assumption of the real estate consulting company Savills. According to Savills, opportunistic investors, who take the highest risk in their real estate transactions but also have the greatest opportunities for returns, are particularly looking for retail properties.
In Great Britain, for example, shopping centers are currently in demand that not only have a stable number of tenants but also meet the needs of customers. The achievable prime yields for these were 6.75 percent in the second quarter of 2021, according to Savills. The situation in Germany is similar, according to the real estate consultancy. For classic shopping centers with a high textile occupancy of over 30 percent, the prime yields are already 5 percent, according to Savills.
However, the real estate consultancy does not expect the same returns in Germany as in the UK. One of the reasons for this is the significantly lower density of shopping centers. Further information, including transaction volumes on the European retail investment market, can be found at savills.de.
Source: savills.com
© Fotolia
