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Madrid RE deals up 14%, foreign interest rising - Savills
Foreign RE investment in Madrid rose 2% last year to 31% of all transactions, with volume up 14% to E700m, says realtor Savills. Take-up grew by almost 40%, as firms took advantage of considerable vacant space at affordable rental prices. "In Madrid's CBD, the market is very competitive," said Savills director Ana Zavala. National investors continued to dominate.