UK - Interest in continental European real estate investment has increased by 30% over the last year, a survey by ING Real Estate Investment Management has shown.
Launching the Eurosiris fund to meet demand, ING said 65% of UK investors had been looking to continental Europe for real estate investment opportunities. This figure was said to be 30% higher than last year.
Nick Cooper, global CEO, ING Real Estate Select said: "UK demand to add continental European investment to their portfolio reflects our desire to add further high performance, "alpha" returns over the next three years."
The ING survey also showed 64% of investors were optimistic about the market outlook over the next 12 months, while 27% were uncertain and 9% pessimistic.
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