European real estate appealing to investors from across Asia
Despite global macro headwinds, uncertainties in domestic economies and the yuan depreciation, Asian investors’ interest in overseas real estate, especially in Europe, remains intact. They continue to seek diversification and yields for their asset and investments globally.
Expect a steady increase of Asian investment into European commercial real estate in coming years, according to ING
In 2015, the growth of European real estate investment was robust – with an increase of 30 per cent (by volume in euro) compared to the previous year. The high level of interest is expected to continue this year despite a slower start in the first quarter, with some investors taking a wait-and-see attitude due to Brexit fears and uncertainties on the macro- and geopolitical front.
Source: South China Morning Post, 18 April 2016