Real estate investment in Europe rose 4% in 2011
According to the latest research from CBRE, the push to complete commercial real estate investment deals in Europe before the end of 2011 boosted annual investment turnover to €115 billion, representing a 4% increase when compared with 2010.
The fourth quarter of 2011 saw investment activity rise 15% compared with the previous quarter to €32 billion, despite the uncertain economic outlook.
The increase in real estate investment was particularly strong in France (+65%), the Nordics (+40%) and Benelux region (+42%). Property investment activity in Spain also more than doubled over Q3.
Now is a great time to buy Spanish property as the banks are offering repossessed residential units for sale at dramatically reduced prices. Many banks are even offering buyers 100% financing and longer-term mortgages.
If you are thinking of purchasing a second home in Spain, take a look at repossessed property to discover real investment opportunities!
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