In a recent article on the Overseas Property Professionals (OPP) website Dr Neil Blake Head of UK and EMEA Research, with global real estate services agency CBRE said,
“The levelling off of GDP, the improving trend in survey data and signs of a levelling off of office rents in both Madrid and Barcelona combine to make us more confident in our view that prime Spanish property markets will have some of the best potential for rental and value growth in the European economic recovery phase.
“While this is still a fall, these are encouraging signs that Italy and Spain (in particular) may be coming to the end of a long period of contraction and, together with increasingly positive survey data in recent months, firms our view that both countries will return to growth in 2014.”
Read more here