Europe

The lowest inflation in the eurozone is recorded in Luxembourg (2%), Belgium (2.7%), Spain (2.9%), Cyprus (3.6%) and Greece (4.1%).

Completion of the development is scheduled for the second quarter of 2025, coinciding with the opening of the future line 15 of the Grand Paris Express.

The current passing rent is £7.30 per sq ft on average versus a £10.90 per sq ft estimated rental value (ERV).

This deal marks Blackbrook’s first investment in Germany, and the eighth market the firm has entered since its launch in 2020.