Positive outlook for Spain's market - King Sturge

The commercial property market in Spain continues to be attractive although a lack of transparency and high-quality office space continue to remain obstacles according to a report released by property consultants King Sturge. Booming retail growth is expected to slow although it will continue to outperform over the next five years. High demand from international and domestic retailers has spurred high rates of construction, with 1.9 million m[sup]2[/sup] of new shopping centre space due on the market this year and a strong pipeline expected in the years ahead.

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