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Commercial property investment markets cooled down at the start of the year, according to Cushman & Wakefield.
The Spanish commercial property sector is likely to take longer than 12 months to recover, new research has suggested.
The latest European Commercial Property Survey by the Royal Institution of Chartered Surveyors (Rics) has revealed that the Spanish market re-entered positive territory during the second quarter of the year.
While we’re well aware of the health benefits of a Mediterranean diet, we might not be so well-versed in the glorious colours and prints that the region’s interiors can offer.
Spanish retail property's appeal to investors will linger into late 2011, with more shopping mall assets being sold into an increasingly competitive market, potentially doubling deal volumes to about 1 billion euros ($1.43 billion), research showed.
Maybe it was the fact that there were no residents of Girona actually eating there, just a smattering of English and German couples patiently awaiting their first courses.
New business start-ups in the Spanish property sector has grown by almost 140% in the first five months of 2011, compared to the same period in 2010, rising from 514 to 1,233 new businesses formed, according to a business study published by D&B.
Opportunistic investors chasing cut-price prime commercial property in recession-hit Spain have helped push the sector's total returns into positive territory for the first time in two years, a survey has found.
Industrial property firm Segro reported a 2.5 per cent gain in net asset value, whilst reporting it would quit several of its key markets in 2011.
Office rents across the major European capitals are expected to increase in the coming year, stimulating demand for buy to let commercial investors.
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