Real Estate Investor Magazine South Africa December / Jan 2016 | Page 57

REI OFFSHORE EXPERT Q&A SPAIN IS TOP TARGET FOR COMMERCIAL REAL ESTATE INVESTORS IN EUROPE, NEW POLL SHOWS Jenny Ellinas CYPRIOT REALTY More and more South Africans want to acquire permanent residency in Europe to secure a ‘Plan B’ for themselves and their families. And Cyprus, an ex-British colony, full EU member and not part of Greece (!), currently has the most attractive residency programme on offer. A ctive commercial real estate investors see Spain as the top investment target in Europe for next year as values are still below peak, new research suggests. This is a sign of the Spanish commercial market’s recovery, with Germany following close and Germany is next on the lis X