European real estate investment volumes are estimated to have reached €44.5bn in Q2 2024 – an 18% increase on activity recorded in Q1 2024, according to the latest data from Savills.

Savills said it was the first time in nine months that average European yields had remained stable across all sectors. Investment volumes for H1 2024 are projected to exceed €74bn, which is roughly in line with the figure recorded in H1 2023.

Savills expects the UK, Spain, Italy, Romania, the Czech Republic, Poland, Denmark and Norway to record a year-on-year increase in investment volumes for H1…