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News » Spain
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Madrid Q1 office investment quadruples year-on-year

According to Savills, approximately €200 million of transactions were carried out in the Madrid office investment market during the first quarter of 2014, against a volume of €50 million recorded in Q1 2013. The international real estate advisor highlights that this figure represents almost 53% of the total office investment volume recorded in Spain in this period, which reached approximately €350 million.The firm attributes this partly to increased activity from international investors with its research showing that overseas buyers have increased their market share in Q1 2014 accounting for 66% of the Madrid office transaction volume in this period, against 54% in Q1 2013.

Luis Espadas, head of capital markets at Savills Spain, co...[…]