46 / 110
46 // iberian.propery / 2017
dossier// ISSUE: TOP IBERIAN Investors
Iberian property
delivered returns that
were almost double
the European average
Iberian commercial property delivered returns that were almost double the European
average in 2016, confirm the latest results of the IPD Annual Property Index by MSCI.
The conclusions in this index leave no room for
doubt: inayearwhen the totalreturnoncommercial
property investment in Europewas 7%, estimated
bythe IPDPan-EuropeAnnualPropertyIndex, the
returndeliveredon investments in Iberiawas 13.6%,
according to the IPD IberiaAnnual Property Index.
In a year marked by «
moderate returns
» in most
of the 18 European propertymarkets monitored
(in and outside the Eurozone), the Pan-Europe
Index diminished in comparisonwith 2015 (10%).
However, the performance of the Iberian Index
(which monitors the behaviour of the Spanish
and Portuguese markets) stabilised compared
with the previous year, remaining at 13.6% and,
for the second consecutive year, presenting the
best result provided by this Index since 2007.
Commenting on these results, Malcolm Hunt,
Executive Director of MSCI, explains that «
The
slowing of total returns, which was seen in only a
couple of European countries in 2015, is becoming
morewidespread. The U.K. and Ireland have con-
tinued to experience a significant slowing of returns
in 2016, but France, Spain, Hungary, Poland and
Belgium are also seeing total returns moderate
Diagonal Mar, Shopping Center in Barcelona (Spain)