Spain again on the radar of property investors, however, no quick profits


Investment in commercial properties in Spain have brought a total return of 4.9% in 2010 compared to -9.3 percent in 2009 Institutional investors are expected to refocus the Spanish property market, but they should not expect quick profits and exceptional bargain, according to a report. By Henderson Global Investors said that in Spain again appear good investment opportunities, but they are relatively small and focused in specific segments. Companies with inside information and good experience in asset management, are best positioned to unlock the latent value and increase profitability, the report said. According to the company's retail segment is one of the possible types of investments that have the potential to offer better conditions for international investors. The company, however, noted that investors need to change some attitudes towards the market as high risk and to consider all the options separately. According to Andy Shofiyld, director of studies at Henderson Global Investors, the gap between the values ​​of prime and secondary shopping centers will remain in Spain for years. He noted that some minor assets offer good opportunities for investors, but access to this investment is hampered by several factors. With regard to office markets the company say they have noticed increased competition for the purchase of office buildings in prime locations in Madrid, especially for investments of up to 50 million. Institutional investors can not compete with local species for certain assets of the office segment, where the latter tend to overlook some potential problems in investments to secure purchases to which in many cases had access during the boom years. According to IPD investment in commercial properties in Spain in 2010 have gone to positive territory and have brought a total return of 4.9%. This is a significant improvement compared with a negative return of 9.3% in 2009

Published on 2012-05-22 10:17:22
Source: Investor.bg


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