This volume of investment is in line (-3%) with the historical trend at the beginning of the year. According to the report "European Real Estate Investment - June 2018", of Savills Aguirre Newman, the estimate is to reach the same levels as in 2017, around €242,000 million.
This report highlights that the countries with the highest growth volumes in the first quarter are Poland (+ 329%), Belgium (+ 248%) and Luxembourg (+ 144%). The United Kingdom, Germany and France remain dominant investment markets, since together they account for 63% of total activity in Europe. Spain controls a quota similar to the one of countries like Sweden, Italy and Denmark, each with 3% of the real estate investment in the continent.
Borja Sierra, international executive vice president of Savills Aguirre Newman, comments that "the Spanish property investment market continues to show signs of strength in the European context. Both in investment in existing product as in the creation of the same through promotion. Despite the certainty of rate increases during the year, demand continues to double the supply in most segments. In offices, which is still the most requested segment in the continent, the shortage of stabilized, modern and sustainable income product, or product available only at historically low yields, means that in Spain the center of activity is moving more and more to situations of repositioning, promotion or active management. Another strategy is a flight to less traditional asset classes. In the coming months we hope that the alternative sector as well as the promotion sector will continue to pull the market."