By Jim Pickard, in London
Monday, January 22, 2007
 
The commercial property market hit another record year for investment in 2006 with $643bn of stock changing hands, a jump of 33 per cent on the previous year.

Despite widespread predictions that the global boom is unsustainable, institutions and private investors have continued to pour money into shopping centres, offices and industrial parks.

Europe and Asia saw strong growth last year with volumes up by 50 per cent and 48 per cent respectively, according to a survey by Cushman & Wakefield, real estate consultants.

The trend comes amid a surge in both property prices and deal volumes.
 
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