Madrid is still in most of the pools as one of the most attractive cities to invest in real estate. Specifically, the Spanish capital is the second favorite European destination for capital, after Paris, according to the global report Investor Intentions 2018, prepared by the consultancy CBRE based on interviews with 1,000 international investors.
Behind Paris and Madrid, in the top five of European cities to invest in real estate assets are placed Amsterdam, Frankfurt and London.
The consultant highlights the emergence of Frankfurt for the first time in this list. The German city gains positions as an indirect consequence of Brexit, which has diverted investment expectations in a general context of economic growth and increased investment flows.
28% of respondents say they invest in real estate to diversify, compared to 19% who opt for this sector for their returns in relation to other options such as government bonds and another 19% who do so to get a higher return return .
Regarding the obstacles to investment, respondents emphasize the price of assets as the main drawback, followed by their availability and the competition of other investors.
By type of assets, the study shows that, for the first time, industrial (logistics) assets have been consolidated as preferred by a third of international investors, compared to the office market, which is in second place with a 26.4%. %. From the consultant explain that the highest profitability in logistics, along with the rise of electronic commerce, have led to a rebound in the industrial sector.