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• European Property Investors Look Beyond London
  “London can still offer long-term value,” says Richard Gwilliam, head of property research at London-based M&G Real Estate. But many investors are looking elsewhere, including other U.K. cities like Birmingham or Manchester, or other countries that were slower to recover from the 2008 financial crisis and the subsequent euro crisis, he says. For instance, Spain and Portugal were among the countries that suffered the most during the euro crisis, Mr. Gwilliam says. But now, with rents rising and their economies doing better, there are more solid opportunities in Madrid, Barcelona and Lisbon, he says. “There’s a rebound element to it.” .....詳全文