The total commercial real estate investment volume in Europe reached €259bn in 2017, 11% above 2016 result. This is an all-time record year for the European market, exceeding 2015 precedent record of €252bn.

This year was characterised by the sale of trophy assets such as Cœur Défense in Paris, the Walkie-talkie and the Cheesegrater in London, also the Sony Center in Berlin.

2017 performance was led by German cities. The total of the 4 leading German markets puts them in first place of the European city ranking. Almost half of the volume were mega deals (>€100m), which is a record.

Central London is back to the first place of the European city ranking in 2017 with €22.5bn (+26%). Investors' earlier concern about the Brexit vote seems to have evaporated, since foreign investors continued to dominate the market, accounting for more than 80% of the capital turnover. Central Paris is back to the second place; this regression (-18%) is mainly due to lack of assets for sale. Despite their interest in Paris, investors are struggling to find new assets and therefore hesitate to spend.