Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

 

Spanish commercial property market deteriorates

Date : (News Section: Spain)

Share
Spanish commercial property market deteriorates
The performance of the Spanish commercial real estate market has declined significantly this year.

An article for the Financial Times highlighted data collected by Real Capital Analytics (RCA), which revealed the number of transactions completed in Spain fell by 90 per cent in the second quarter of 2012.

In addition, the total value of the deals dropped from €260 million (£203.9 million) in the three months from January to March to €67 million in the second quarter.

Director of market analysis at RCA Joseph Kelly told the news provider why investors are avoiding Spain's commercial property sector.

"Heightened risk aversion, particularly among cross-border institutional investors, has led to an almost complete collapse in southern European acquisitions," he stated.

According to the most recent Royal Institution of Chartered Surveyors European Commercial Property Survey, rental and capital value expectations for Spanish assets are in negative territory, while investment activity remains subdued.

However, there appears to be more interest in Spanish commercial real estate than in other south European markets, such as Italy and Greece, the research found.
Share

Article by +Peter Mindenhall on behalf of Propertyshowrooms.com

Read More

  1. 11 September 2014 - French Buyers Swamp Spain in Property Bargain Hunt
  2. 09 September 2014 - Rising Like a Phoenix from the Ashes
  3. 03 September 2014 - Visitors Flock to Spain in Bumper Year for Tourism
  4. 26 August 2014 - Bumper Year for Tourism Boosts Hotel Investment Sector
  5. 14 August 2014 - Spanish Property Sales Up 8.8% in June






Let us search for you Let Us find Property in Spain for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Spain.

SubscribeGet Email Updates!

   

* We value your privacy and will never share your email address with anyone else.

USA Income Properties Fully Managed From $22,000
Distressed Property in Denia Featured Property
Denia (Alicante)
House/Villa - 2-Bed, 2-Bath
€398,000 - Find out more »

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Spain
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo