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Improvement of Confidence in Spain Commercial Property

Wed 13th Nov 2013
Improvement of Confidence in Spain Commercial Property

The outlook for the commercial property market across Europe remains mixed in spite of an general improvement in sentiment in recent months according to the Royal Institution of Chartered Surveyors (RICS).

Both Tenant and Investor sentiment remains negative in the ‘core' Dutch and French markets, although improved from earlier on in the year, with Italy continuing to struggle. Nevertheless a "European thaw" is visible as Ireland and

Spain

are seeing improvement in the commercial property market; with a positive turning point in Spain for the first time in the post crisis era and the German market remains strong.

The Occupier Sentiment Index (OSI) was carried out by the Royal Institution of Chartered Surveyors (RICS) and intended as a summary measure of sentiment in the each country.

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