I promise this post is not about the Brexit... well, mostly.
Whether or not Brexit happens, it is very heartening to see that (even amidst the instability being caused by the possible Brexit and the Refugee Migrant Crisis) the demand for commercial space is forcing growth in the property sector.
It's an old tune but, now that:
- the economic climate has improved;
- the banks are lending again; and,
- money from the Middle and Far East is permiating;
Tenants are more willing to make large commitments regarding their business premises.
The investment surge shows no sign of slowing, so here's to a cracking 2016!
Increases in investment activity were widespread in 2015, with volumes rising by more than 20% in the UK, Germany and France. Among peripheral markets, investment volumes in Italy (+80.2%) and Portugal (+226.2%) showed the strongest growth, as demand from international investors surged.