Germany and Britain top the list for investment property

With Irish retail returns the lowest in Europe, which markets do investors now favour, asks Aileen Power.

6th August, 2005

Is the smart money still being invested in property abroad? The answer is yes with gusto.

And the hot tip for investing hard-earned cash in is, surprisingly, Germany.

“The German economy is weak [GDP growth of 1 per cent is expected this year] and people are hoping to get in early and cheaply before the economy starts to recover,” said Caroline McCarthy, director of overseas investment withCBRE Gunne. McCarthy said that office and retail property...

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