Foreign investors gain interest in Spanish real estate

March 9, 2011 at 7:12 pm 1 comment

The crisis is still embedded in the Spanish market, but the international investment marlet seems to recapture its tone and is gaining interest on the Spain real estate sector. This results from a survey of over 340 European real estate investors performed by CB Richard Ellis. The survey concludes that the Spanish property market interest from European investors has increased over the last year, reaching the fifth place ranking with a 9% improvement.

Despite economic dificulties, investors have returned to real estate oportunities. 2010 ended with an investment volume of 3.329 million EUR. The trend for 2011 is focused on a slight rebound . Still, Germany and Central and Eastern Europe are considered the most attractive markets for real estate.

Adolfo Ramirez-Escudero, managing director of CBRE Capital Markets Spain, explains that “the reason we have not seen figures even higher investment is simply the lack of product that meets the demand.”


“The most powerful investors are becoming more dynamic and if you leave good quality assets to the market is likely to see their intentions embodied in purchases throughout the year,” he says.

The first quarter may be the scene of several operations. On the one hand, the story will continue to fall, in addition, many companies are pursuing strategies of asset turnover, which could be interesting enough to foreign investment funds that have set their sights on Spain.

source: elmundo.es

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Entry filed under: News, Real estate. Tags: , , , .

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1 Comment Add your own

  • 1. offshore corporation  |  March 23, 2011 at 3:43 pm

    In fact single family homes are the most overlooked investment strategy of all time. Why Single Family Homes are the best Real Estate Investment opportunity .

    Reply

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