Overseas property news - Spanish commercial property market improves

Spanish commercial property market improves

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.

According to the figures, the country also saw the number of occupiers looking for space rise for the first time since the report was compiled, lead by a surge in demand for retail outlets.

Meanwhile, investment demand has also improved, with Rics anticipating further growth in this respect over the next three months.

These results are in contrast to the other nations classed as "peripheral" by the organisation - Greece, Portugal and the Republic of Ireland.

Source: Property Showrooms

 

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