Could investors benefit from an international money transfer to Germany?
5
Oct
2010
HiFX News@ 12:00 AM
An international money transfer to Germany could help real estate investors to benefit from the opportunities currently available in the country.
Speaking during the Global Investment Club webinar hosted by Property Week, Simon Mallinson, director of European research at Invesco, said that Germany is seeing a "strong performance" in most areas of real estate as the economic climate begins to pick up.
He said: ""We would expect office to come out first just because of the type of growth that is returning to Germany and the fact that there is very little development pipelined in the office markets across Germany.
"There is tenant demand for them so we are starting to see the yields be driven and the rents pushed up a little bit."
Using an independent foreign exchange broker to make an international money transfer to Germany could help to keep costs down by avoiding high currency exchange fees sometimes charged by high street banks.
Click here to make an International Money transfer to Germany
Posted by Thomas Smith