It's turning out that 2017 is becoming a very good year for Spain's property market, as JLL is now forecasting this year will be the eighth consecutive year of foreign buyer property growth.
Global real estate consultant Knight Frank is reporting that a total of $9.6 billion USD was invested in Spain's commercial property sector in 2015.
Hotel consultant STR is reporting this week that 2015 marked the first year since 2010 in which the European hotel industry passed hotels in the U.S. in year-over-year revenue per available room (RevPAR) growth.
According to Knight Frank's latest European Quarterly Report, the European office market recovery has gained traction, on the back of improving corporate sentiment.
According to Christie + Co., the remarkable resurgence of hotel investment in Spain will continue to be a key story in 2016. This is based on their new report titled 'The Keys to the Spanish Hotel Market Recovery'.
According to Knight Frank, active investors see Spain as the top investment target in Europe, with Germany following close behind in 2015.
European real estate is set to stay firmly in the spotlight for global investors with a resulting two-year window of high activity.
According to STR Global, the European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds for February 2015.
In 2014, investor-lead transactions totaled €7.8 billion across all of Central and Eastern Europe's commercial real estate markets.
According to CBRE, Asian investment in European hotels will reach US$22.7 billion in 2015, fueled by the liberalization of domestic controls governing outbound investment.
This week the ECB has taken markets somewhat by surprise with the scale of its quantitative easing (QE) program and this should help to consolidate recent bond yield and currency falls.
According to STR Global, Southern Europe reported a demand increase of 4.2 percent year-to-date October 2014, with the highest occupancy change (+3.6 percent) of all sub-regions in Europe.
With the holiday season now in full swing, many across Europe are making travel plans to enjoy the upcoming winter holiday in one of many great getaway spots across Europe.
The number of investors viewing Spain as the most attractive market for commercial real estate purchases has increased dramatically.
Private-equity giant Blackstone Group has offered to pay €43 million ($58 million) for a portfolio of homes for sale by Spain's "bad bank," sources told Bloomberg. U.S.-based Blackstone is bidding for the 620-home Dorion portfolio.
The first berths at Marina Port Vell, Barcelona's new super yacht marina, are due to be delivered this spring according to owners Salamanca Group. By the end of 2014 Port Vell should provide 167 fully serviced berths and be Europe's first city centre super yacht marina.
Global investors are demonstrating more confidence in the amount of hotel transactions in the EMEA region for both the short and medium-term future than they did earlier this year, according to the Global Hotel Investment Sentiment Survey from Jones Lang LaSalle.
Home prices in Spain increased during the third quarter for the first time since the second quarter of 2010, according to the country's National Statistics Institute. Prices increased 0.7 percent from the second quarter.
