Thursday, November 1, 2012

Investors Showing Strong Desire towards European Shopping Centers


During the recent few months, most of the European consumers have switched their shopping habits to purchase commodities from established shopping malls, rather than purchasing goods from any of the traditional central stores or retail stores of the city. Because of this reason, prime shopping centers in Europe have become safest bets for all property investors seeking to receive stable income, along with guaranteed return.

According to the research reports revealed by one of the famous property services companies of UK named Jones Lang LaSalle, in the 3rd quarter, direct investment in different real-estates of Europe have increased to huge value worth  €6 billion or $7.78 billion. However, investment value was only €3.9 billion during the end of second quarter. In fact, during the recent three-quarters, France, Germany and United Kingdom have witnessed drastic increase in real-estate investment.

Specifically, property investors are giving their huge concern towards prime properties of UK. The reason for this is that, among the three countries mentioned here, UK has high sales density. Few weeks ago, Sovereign wealth fund of Norwegian paid about £350 million for 50% stake in one of the popular shopping malls of Sheffield in UK. This shopping mall is named as Meadowhall shopping mall, which is located in northern part of England. 

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