Shopping centres in prime cities and healthcare assets in France and Germany have topped a list of the top ten European investment hotspots, produced by Savills.

The list offers five tips for risk-averse investors alongside five tips for risk-taking investors.

Risk-averse investors are advised to look at shopping centres in cities such as Berlin and London, sustainable office buildings in ‘smart cities’, e-commerce logistics properties, prime high streets in tourist cities, and student housing projects in international study destinations.

Risk-taking investors are told to consider healthcare properties in France and Germany, offices in central eastern Europe, micro-apartments in top and second-tier cities, high-performing shopping centres in fringe markets, and public assets in countries where governments are forming public/private partnerships.

Marcus Lemli, head of European investment at Savills, said: “European commercial real estate remains one of the best places for investors to earn a healthy yield and we anticipate total investment volume to grow between 3-5% in 2016. 

“Investors, however, are looking to actively diversify their portfolios and therefore volumes are likely to be less concentrated in a handful of key locations, and spread more evenly across the continent this year. For both the opportunistic and the cautious investor there are multiple opportunities available – often within the same city.”