At our recent Global Investor Symposium, we made the case that European property offers an unrivaled opportunity and that a rotation is underway throughout the region. These themes are encapsulated in the shift in investor interest from national and financial capitals to regional markets. There is no better market to highlight this than the UK. For the past year and a half, this has been an ongoing phenomenon, as renewed economic resilience coalesces with an attractive value proposition. In hindsight, the historically wide risk premium that we witnessed between prime assets in London and those in the regions at the back end of 2013 was the most obvious strategy to exploit.
In this month’s Europe Watch we take a closer look at some of the factors that have precipitated this shift in sentiment as well as how it is manifesting itself from Southampton to Aberdeen. One question that we received at the Symposium was whether the experience in the UK will act as a blueprint for how this rotation will play out in other parts of Europe? For the answer to that, keep checking your inbox early each month for the latest rundown on European property markets.
Source : CBRE Global Investors