Overseas property investors should expect the more mature markets in Europe to perform strongly over the next few months, one expert has said.
ING Real Estate said that increased transparency, liquidity and strong performance in recent years have meant that real estate has emerged as a widely accepted asset class.
At the same time, there have been increases in real estate investment trusts, as well as commercial mortgage-backed securities.
According to the firm, the flow of capital into real estate has been "unabated" and is expected to continue with the aid of strong earnings growth.
It concluded that over the next three years, the European property market is predicted to deliver "attractive risk-adjusted total returns".
Earlier this year, Jones Lang LaSalle said that commercial investors are becoming increasingly attracted to central and eastern Europe, as well as Turkey and Russia.