Michelle Napoliis editor of Net Lease forum, from whichthis article is excerpted.

London—Sale-leaseback and single-tenant property salesare on the rise in Europe and there are no signs the trend islikely to end."There's been a huge increase in that kind ofactivity," says John Knowles, a London-based director in theEurope, Middle East and Africa capital markets group of DTZ,a global real estate services firm. "For the next 12 to 18 months,I don't see a slowdown."

About two years ago, DTZ researchers estimated there wasapproximately 5 billion euros of this kind of sale-leaseback oroutsourcing activity annually. They predicted that figure wouldgrow to about 10 billion euros this year and 15 billion euros in2008. But now, Knowles says, he expects the figures will be morelike 15 billion euros this year and 20 billion euros next year. Thefirms has been "absolutely overwhelmed" with calls fromcorporations wanting help in monetizing their real estate, headds.

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