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| Savills notes fall in Spanish property investment volumes According to international real estate advisor Savills, the significant fall in commercial property investment volumes throughout Spain over the last two years is showing signs of stabilising. This is expected to create a window of opportunity for equity rich investors as pricing of prime properties becomes more attractive. Savills research shows that office investment transactions throughout the country have fallen by 70% and retail by 50% in H109, compared to the same period in 2008. In addition, the European Commission has announced that Spain will be the only country in the Euro that will continue to be in recession next year. However, other European countries such as France and Germany, along with Japan in the wider global market, have shown signs of growth and recovery over the last few months, which indicates positivity for Spain moving forward. write your comments about the article :: © 2009 Construction News :: home page |