Spain’s Commercial Property Charming Investors

pain’s commercial property market grows €7.4bn in five years and shows no signs of slowing down.

The Spanish economy is thriving and investor confidence has returned sparking significant growth in commercial property investments; in 2017, a total of €8.9bn was invested in commercial property in Spain, compared to the €1.5bn invested in 2012.

Retail-focused South African real estate investment trust (REIT) Vukile Property Fund invested around €290m into 13 different commercial properties in Spain last year, many of them being retail parks, via its subsidiary Castellana Properties, reports online news Finweekly.