Property investor sentiment and their consequent market choices will be determined by a variety of economic and geopolitical factors in Europe and their home countries next year. Elections in UK, Spain, Greece, the question of a triple dip recession following the weak performance of the largest European economies of France, Germany and Italy lately, the falling Euro value, the ongoing geopolitical tensions between Ukraine and Russia, the risk of spread of the Ebola virus are only a few to mention.
However, there are also some strong themes from 2014 that we expect to carry on in 2015, with European property remaining high on fund managers asset allocation choices.
Source : Savills