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RICS and Iberian Property present the new IBERIAN COMMERCIAL PROPERTY MONITOR

RICS (Royal Institution of Chartered Surveyors) in partnership with Iberian Property have just launched the first edition of the new Iberian Commercial Property Monitor, an unprecedented initiative that will provide real estate investors with a new benchmarking tool for the Spanish and Portuguese markets.

 

On a quarterly periodicity, this barometer is calculated based on the replies of hundreds of investors and agents present in Spain and Portugal, stating the dominant sentiment in the occupation and investment market in both countries, as well as their expectations regarding the activity evolution in the short and medium term.

The data collected in the survey conducted in the third quarter of 2017, show that investors are confident about the ongoing momentum that is experienced at the Iberian level. In Spain the dominant sentiment is that both on the side of the occupiers and on the side of investors, demand levels should remain solid and high; continuing to boost yields and increase of rents.  On the Portuguese side, it is expected that the rhythm of demand for space to occupancy will intensify, mainly for prime office and commerce products, contributing to a significant rise in rents; whilst demand for investment products continues to grow, in all sectors, just as the interest of foreign investors for the country.

To know in detail the results and main conclusions of Commercial Property Monitor Iberia, see the full version of the reports for the Spanish and Portuguese markets.