Foreign direct investment in Europe continues at healthy levels. Most transactions are however, taking longer to complete due to the conservative nature of investors at this time. The overriding theme is, however, the growth and emergence of secondary markets within Europe.
Foreign direct investment into Europe and cross-border inter- European investment continued to add stability to the market. Investment levels did not reach 2000 or 2001 peaks, although 2002 was still a strong year given economic conditions across Europe and the world. Estimates put investment levels at around € 15 billion for 2002. Experiencing The Valuation Processes For the fourth year running, France and the UK were the top investment destinations. Italy followed as a newcomer to the top three rankings. 2003 will likely see similar investment patterns with France.
The United Kingdom and Italy topping the investment destination charts. Italian investment continues to expand as ever more opportunity is realised in Europe’s fourth largest economy. Historically poor transparency issues have been corrected and investor confidence, both domestically and internationally, has created a rising demand for Italian product.