The delegates represented many of the largest and most active investors in European commercial property: insurance companies, pension funds, property companies, developers and investment fund managers, from countries including Austria, France, Germany, the Netherlands, the Nordic region, the UK and the USA. And 26% said they would 'definitely' invest in the region over the next two years; 33% said 'probably', and 28% 'perhaps'.
The three central European countries were the first choice investment destination of 32% of delegates, well ahead of France, second with 16% and Spain, third with14%.
Sven Lemmes, JLL's Head of Investment Business in central Europe said: 'These markets are maturing rapidly and can offer attractive investment returns fuelled by strong economic growth. By contrast, most major west European markets are now coming to the end of a period of several years of rising rents and strong investment performance.'
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