For a commercial non-contentious transaction exceeding $5MM, a fee of 1.5 - 1.76% of the equity investment (including arrangement for mezzanine financing) is the typical fee-span in western (including central Europe) Europe for a single asset transaction irregardless of the underlying collateral.
More precisely, 1.765% inclusive of all sub-contractor (due diligence) fees but not including VAT for bring a non-contentious deal to closing, is reasonable. Fees can be negotiable depending on a number of commercial factors, e.g. size of the deal, repeat client, type of deal - take private, one-off, securing financing only but no further services, etc…
What you receive for a fee will depend on who is selected to move the transaction to closing, e.g. law firm, accounting house (PriceWaterhouse), freelance closer, brokerage house, ‘on your own’, etc… Law firms and brokerage houses are often happy to make their fee’s exclusive of due diligence costs incurred by third-party resources, e.g. environmental, valuers, tax advice, economics modeling (in multi-asset complex transactions). Hence the ‘all in’ investor fee amount can be higher - and wisely should be factored into the investment return economics.
Not discussed here but another ‘fee’ factor to be considered in return economics are the ‘exit’ fees associated with selling (monetizing) the investment at the end of the projected business plan horizon, e.g. 1, 3, 5 years.
As noted above, fees can be ‘in or ex-clusive’ of: the asset valuation fee from a reputable valuer, the environmental (Phase I report) survey fee, preparation & validation of underwriting economics (critical in sizeable and institutional investor transactions), representing the investor at negotiations, post-closing action items and/or asset management fees, etc., etc… Again, in general the fee should be inclusive less the VAT.
Happy to provide more information if needed.