(To read more on the debt and equity markets, click here.)

CANNES-Record European investment activity in 2006 lays apositive foundation for the months ahead. That was the upshot ofthis edition of the market analysis CB Richard Ellis holds everyyear at Mipim.

There was a 46% year-over-year increase in investments, reportedNick Axford, who heads European, Middle East and Asian research forCBRE, bringing the 2006 total to 227 billion euros. Some one-thirdof that total played out in the UK, which, along with Germany andFrance, accounted for three quarters of the trades.

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.