Property fund manger Activium is looking to Germany for attractive deals on property and avoiding the UK as house prices are still falling, they plan to spend around £350 million in Europe in 3 years with commercial property in Germany being its favourite.

Saul Goldstein the founder and partner of Activum in Jersey said

Germany is still one of the most attractive real estate markets in the world … rents and values have been relatively stable.

They hope to return to their investors around one and a half to two and a half times their investments over a time scale of 7 years