Property investors see potential outside established hotspots

The effects of the sub-prime crisis in the US are being felt in the European commercial property sector but opportunities still exist for investors willing to look further afield. Gavin Rabinowitz, managing director of Credo Property Group, says the rewards of buying in traditional property hotspots such as France and Spain are not as great as previously, so investors are starting to look at other areas such as Germany. He says: "The reason Germany has been cheaper, and continues to be cheaper than France or Spain, is that the country is still coming out of recession and incorporation of ...