The Financial Times reports “Commercial real estate investment has risen by more than 40 per cent in Europe in the past three months to the highest level since the collapse of Lehman Brothers in 2008…
“This is the highest quarterly trade since Lehman’s collapse and the beginning of the sharpest point of the property slump . “The data support anecdotal evidence of a rush back to property investment by a range of institutions after a bounce in values in markets such as the UK since the summer…”
Like the run up in the U. S. stock markets, this is in anticipation of improved market conditions.