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European Property Outlook - 2017: EXPO Special

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European Property Outlook - 2017: EXPO Special

Despite persistent global geopolitical uncertainties, there have been positive improvements in the backdrop for European property investment during 2017.

The Eurozone economy has performed above expectations, growing by 0.5% in Q1 and by 0.6% in Q2. Consensus forecasts suggest that annual GDP growth for 2017 will be close to 2.0%, with Ireland, Spain and the Netherlands being among the fastest growing economies.

Fears that the series of major elections across Europe in 2017 would result in a lurch towards politicians with disruptive populist agendas were calmed by election results in France and the Netherlands.

However, a more complex German political landscape has emerged due to the improved showing of smaller parties – including the populist-right AfD – in September’s federal elections.

Source : Knight Frank

 

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