Property investment dives across European cities

Cities across Europe saw the amount of money invested in property plummet during the first half of 2019, with London’s drop of a third eclipsed by falls elsewhere. Between January and the end of June, investment in property in London declined by 33.3% from a year earlier, to €10.56bn (£9.81bn). In Madrid investment volumes crashed by 53% to €1.91bn, while in Munich volumes collapsed by 45.8% to €2.05bn, according to CBRE. Of the 11 European cities studied, only Berlin and Paris posted an increase in investment, with Berlin experiencing a 17.8% rise to more than €6bn and Paris seeing 5.5%