RICS Q4 2015: Global Commercial Property Monitor

"According to data gathered in the latest monitor, Germany and Spain exhibit the strongest investment market momentum at present. Indeed, on a global comparison, these two nations recorded the fastest rate of improvement in investment market conditions over the quarter, as captured by the RICS Investment Sentiment Index (a composite indicator covering developments in the investment market). With Spain’s economy expanding at an annual pace in excess of 3% and the German economy robust, investors appear to have judged these markets as likely to deliver strong returns. Consequently, both prime and secondary assets are expected to post solid gains over the next twelve months."