Spotlight on the real estate market
Investment analysts are projecting continued and healthy growth in Spain over at least 18 months. According to the OECD, this will be driven by supportive financial conditions, the depreciation of the euro, lower oil prices, and strengthening growth among trading partners. Additionally, its fiscal stance is assumed to be mildly contractionary. Growth in private consumption will be supported by rising employment and incomes, household tax cuts, and lower fuel prices and interest rates. Export growth will be underpinned by gains in cost-competitiveness driven by the weak euro and the recovery in Europe.
REflexions issue 2 - October 2015
REflexions is a bi-annual digest, dedicated to the real estate investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.