COMMERCIAL real estate investment in Spain has smashed a new post-crisis record, fuelled by a retail rush from a new breed of buyers.
Almost €2.5 billion was invested in the first half of 2014 – an incredible 110% growth.
The money is pouring in from surprising new sources, with the biggest investors coming from non-traditional areas such as China, Latin America and the Persian Gulf.
Money sunk into retail properties accounted for the largest market share, with 38% of the total invested, followed by hotels (29%) and offices (27%).
