23/10/2014 – Expansion
Next week on Wednesday, Barcelona will host the biggest meeting between real estate sellers from Spain and investors from all around the world. The main novelty is that the Barcelona Meeting Point (BMP) exhibition will aggregate an exclusive negotiation area called ‘Shop in Barcelona. Real Estate’ Cluster.
Last year, the fair was dominated the Chinese and, since 2011, also by Russians. In 2014, investors of all nations are expected to attend, with traditional prevalence of Europeans.
The United Kingdom leads in property purchases in Spain accounting for 15% of all sales to foreigners, second positions France (9.8%), then Russia (8.6%) Belgium (7.3%), Germany (7%), Sweden (5.6%), Norway (5.2%), Italy (3.7%) and Algeria (3.2%). China ranks the tenth with a 3.1% share in the foreign investment volume.
The Shop in Barcelona cluster will be followed by another innovation: the Barcelona Funds Meeting, a special event organized for international funds only. The third cluster will gather traditional investors.
In total, 21 foreign funds signed up for the Meetings, out of which 13 also participated in the 2013 edition of the exhibition.
Original article: Expansión (by Marisa Anglés)
Translation: AURA REE