{"id":2221,"date":"2020-02-13T16:14:29","date_gmt":"2020-02-13T13:14:29","guid":{"rendered":"http:\/\/nalog.fr\/roce-asteapta-piata-europeana-de-proprietati-imobiliare-comerciale-in-2016-tendintele-actuale\/"},"modified":"2020-02-13T16:14:29","modified_gmt":"2020-02-13T13:14:29","slug":"roce-asteapta-piata-europeana-de-proprietati-imobiliare-comerciale-in-2016-tendintele-actuale","status":"publish","type":"post","link":"https:\/\/nalog.fr\/ro\/roce-asteapta-piata-europeana-de-proprietati-imobiliare-comerciale-in-2016-tendintele-actuale\/","title":{"rendered":"Ce a\u0219teapt\u0103 pia\u021ba european\u0103 de propriet\u0103\u021bi imobiliare comerciale \u00een 2016: tendin\u021bele actuale"},"content":{"rendered":"<p>Potrivit anali\u0219tilor companiei Colliers, \u00een 2016, investi\u021biile \u00een imobiliare comerciale din Europa vor continua s\u0103 creasc\u0103. La aceasta prognoza se al\u0103tur\u0103 \u0219i exper\u021bii Savills, care prev\u0103d o cre\u0219tere \u00een acest segment de 3-5 % fa\u021b\u0103 de 2015. Studiu de \u00eenc\u0103 un juc\u0103tor din pia\u021ba imobiliar\u0103 JLL, cuprinde, \u00een afar\u0103 de Europa, Orientul Mijlociu \u0219i Africa \u0219i arat\u0103 c\u0103 volumul total al investi\u021biilor \u00een bunuri profitabil\u0103 imobiliare va r\u0103m\u00e2ne la nivelul anului precedent.<\/p>\n<p>     <i><\/i><\/p>\n<p>Cei mai activi cump\u0103r\u0103tori de bunuri imobiliare comerciale \u00een Europa \u00een 2016, vor fi investitorii din SUA \u0219i Asia. Potrivit companiei de consultan\u021b\u0103 PwC, cele mai multe dintre ele (61 %) mizeaz\u0103 pe investi\u021biile pe termen lung \u2014 de la 5 la 10 ani, astfel \u00eenc\u00e2t cei care au de g\u00e2nd s\u0103 cumpere o proprietate \u00een 2016, cu mare probabilitate va vinde ei nu mai devreme de 2021.<\/p>\n<h2>Sectoare promi\u021b\u0103toare<\/h2>\n<p>Conform previziunilor de Colliers, ca \u0219i \u00een anii preceden\u021bi, cele mai multe investi\u021bii \u00een 2016 va atrage oficiul pentru proprietate. Cu toate acestea, alte sectoare, de asemenea, vor r\u0103m\u00e2ne solicitate.<\/p>\n<p><strong>Birouri. <\/strong> \u00cen momentul de fa\u021b\u0103, ponderea medie a pustii de spatii de birouri din Europa \u2014 8,4 %, dou\u0103 treimi dintre care, de evaluare a Savills, se refer\u0103 la vechiul fond. Reie\u0219ind din aceasta, poate fi de a\u0219teptat ca la mare cautare printre investitori vor beneficia de proiecte de Value Added, esen\u021ba care \u2014 cump\u0103rare a obiectelor \u00eentr-o stare proast\u0103 pentru reconstruc\u021bie \u0219i achizi\u021bionarea ulterioar\u0103.<\/p>\n<p><strong>Asezare imobiliare. <\/strong> Volumul de v\u00e2nz\u0103ri online \u00een 2015 a crescut cu 22 %, iar \u00een 2016 va cre\u0219te cu aproximativ aceea\u0219i, respectiv, cererea pentru depozite va continua s\u0103 creasc\u0103. Potrivit unui studiu Colliers, \u00een 2016, de asezare imobiliare va fi cel mai popular dup\u0103 birouri segment de pia\u021b\u0103 de la investitori din marea Britanie, precum \u0219i din \u021b\u0103rile din Africa \u0219i Orientul Mijlociu.<\/p>\n<p><strong>Obiecte comerciale. <\/strong> Cele mai profitabile vor fi centre comerciale \u00een zone populare, \u00een ora\u0219e cu o popula\u021bie \u00een cre\u0219tere \u0219i fluxul turistic (Londra, Paris, Munchen, Madrid, Berlin). Potrivit unui studiu Colliers, 41 % de investitori din Europa continental\u0103 \u00een 2016 vor alege investi\u021biile \u00een centre comerciale.<\/p>\n<p><strong>Cazare<\/strong>. Imobil si spatii locative (case de b\u0103tr\u00e2ni, student apartamente, studio) va fi tot mai des folosite ca un instrument de diversificare a portofoliului de facilit\u0103\u021bi comerciale \u0219i va fi deosebit de popular \u00een marea Britanie, Germania \u0219i Fran\u021ba. \u00cen acest sens, conform unui studiu PwC, pentru 60% dintre responden\u021bi apartamente \u0219i student apartamente nu sunt alternative instrument de investi\u021bii, iar principalul obiect de investi\u021bii.<\/p>\n<p><strong>Terenurile. <\/strong> Potrivit unui studiu PwC, 48% din investitori sunt de acord cu afirma\u021bia c\u0103 obiectele premium, loca\u021bii sunt supraevaluate, iar 52 % dintre cei intervieva\u021bi cred c\u0103 cump\u0103rarea de terenuri pentru construc\u021bii \u2014 este un mod accesibil de a achizi\u021bionarea de bunuri imobiliare pe pie\u021be scumpe. \u00cen afar\u0103 de aceasta, o astfel de politic\u0103 de investitor \u2014 este calea de a cre\u0219te profitabilitatea, care are o tendin\u021b\u0103 de descre\u0219tere \u00een zonele bogate din marile ora\u0219e europene.<\/p>\n<p>Conform sondajului realizat de PwC, \u00een 2016, investitorii consider\u0103 a fi cele mai promi\u021b\u0103toare investi\u021biile \u00een obiecte de street-retail \u0219i case de b\u0103tr\u00e2ni. \u00cen opinia treimi dintre responden\u021bi, \u00een viitorul apropiat, aceste tipuri de bunuri imobiliare vor aduce cel mai mare venit.<\/p>\n<p>     <i><\/i><\/p>\n<h2>\u00cen ce pie\u021be s\u0103 investeasc\u0103<\/h2>\n<p>Potrivit site-ului Trading Economics, \u00een 2016, cel mai mult vor cre\u0219te pre\u021burile la imobiliare \u00een Turcia (+12,7 %). Cre\u0219terea pre\u021burilor cu mai mult de 4 % este de a\u0219teptat, de asemenea, \u00een marea Britanie, Italia \u0219i Germania.<\/p>\n<p>Pe termen mai lung, din 2016 \u00een 2020 ani, cel mai mult vor fi mai scumpe obiecte din Turcia (59 %), Italia \u0219i Germania (peste 20 %). O cre\u0219tere de peste 15 % prognozat \u00een Grecia, Fran\u021ba, marea Britanie \u0219i Austria.<\/p>\n<p>Printre care se \u00eencadreaz\u0103 pie\u021bele vor fi Croa\u021bia, Bulgaria \u0219i Muntenegru. Negativ prognoza de Trading Economics \u00een ceea ce prive\u0219te aceste \u021b\u0103ri se datoreaz\u0103 mai slab\u0103 economie din regiune relativ Europa de Vest, \u0219i, de asemenea, faptul c\u0103, \u00een timpul crizei, investitorii se concentreaz\u0103 pe mai stabile pie\u021be, printre care marea Britanie \u0219i Germania.<\/p>\n<\/p>\n<h3>Prognoza dinamicii pre\u021burilor de proprietate, %<br \/>\nSursa: analiza Tranio pe baza datelor Trading Economics<\/h3>\n<table>\n<tr>\n<th>\u021aara<\/th>\n<th>De la I la IV trimestrele<br \/>\n2016<\/th>\n<th>Cu trimestrul I al anului 2016<br \/>\n\u00een anul 2020<\/th>\n<\/tr>\n<tbody>\n<tr>\n<th>Turcia<\/th>\n<td>12,7<\/td>\n<td>59,3<\/td>\n<\/tr>\n<tr>\n<th>Italia<\/th>\n<td>5,3<\/td>\n<td>23,2<\/td>\n<\/tr>\n<tr>\n<th>Germania<\/th>\n<td>4,8<\/td>\n<td>22,4<\/td>\n<\/tr>\n<tr>\n<th>Grecia<\/th>\n<td>-5,5<\/td>\n<td>16,7<\/td>\n<\/tr>\n<tr>\n<th>Fran\u021ba<\/th>\n<td>2,9<\/td>\n<td>16,7<\/td>\n<\/tr>\n<tr>\n<th>Marea britanie<\/th>\n<td>6,5<\/td>\n<td>15,9<\/td>\n<\/tr>\n<tr>\n<th>Austria<\/th>\n<td>3,6<\/td>\n<td>15,3<\/td>\n<\/tr>\n<tr>\n<th>Cipru<\/th>\n<td>3,3<\/td>\n<td>4,8<\/td>\n<\/tr>\n<tr>\n<th>Spania<\/th>\n<td>0,8<\/td>\n<td>2,7<\/td>\n<\/tr>\n<tr>\n<th>Elve\u021bia<\/th>\n<td>0,9<\/td>\n<td>2,6<\/td>\n<\/tr>\n<tr>\n<th>Portugalia<\/th>\n<td>1,2<\/td>\n<td>1,5<\/td>\n<\/tr>\n<tr>\n<th>Finlanda<\/th>\n<td>-0,9<\/td>\n<td>\u2014<\/td>\n<\/tr>\n<tr>\n<th>Slovenia<\/th>\n<td>-0,7<\/td>\n<td>-0,2<\/td>\n<\/tr>\n<tr>\n<th>Ungaria<\/th>\n<td>-0,8<\/td>\n<td>-0,5<\/td>\n<\/tr>\n<tr>\n<th>Letonia<\/th>\n<td>-0,8<\/td>\n<td>-0,8<\/td>\n<\/tr>\n<tr>\n<th>Republica ceh\u0103<\/th>\n<td>-1,9<\/td>\n<td>-0,9<\/td>\n<\/tr>\n<tr>\n<th>Croa\u021bia<\/th>\n<td>-0,7<\/td>\n<td>-1,2<\/td>\n<\/tr>\n<tr>\n<th>Bulgaria<\/th>\n<td>-1,1<\/td>\n<td>-1,7<\/td>\n<\/tr>\n<tr>\n<th>Muntenegru<\/th>\n<td>-3,5<\/td>\n<td>-2,2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u00cen ceea ce prive\u0219te pie\u021bele unor ora\u0219e, apoi, potrivit unui studiu PwC, cel mai mare poten\u021bial de cre\u0219tere a pre\u021burilor \u0219i ratele de \u00eenchiriere, \u00een 2016, va fi la metropolele Europei de Nord, precum \u0219i la pia\u021b\u0103, recent, au trecut \u00een partea de jos a ciclului (Madrid, Lisabona, Milano). \u00cen acest sens, analistii Colliers, cele mai multe investi\u021bii vor beneficia \u00een mod tradi\u021bional populare \u00een pie\u021bele din Londra, Paris \u0219i &#8222;big seven&#8221; din Germania.<\/p>\n<p>Un sondaj de investitori, realizat de PwC, a ar\u0103tat c\u0103, \u00een acest an, majoritatea responden\u021bilor consider\u0103 c\u0103 cele mai promi\u021b\u0103toare investi\u021biile \u00een imobiliare de la Berlin. \u00cen 2015, \u00eempreun\u0103 cu Parisul, capitala Germaniei s-a clasat pe locul al doilea \u00een Europa dup\u0103 volumul investi\u021biilor atrase (10 miliarde euro). Anali\u0219tii cred c\u0103, \u00een 2016, la Berlin, va cre\u0219te \u0219i volumul de investi\u021bii \u0219i ratele de \u00eenchiriere, \u0219i pre\u021burile. Printre cauzele de ridicare \u2014 relativ sc\u0103zut\u0103 densitate de construc\u021bii \u0219i un mare poten\u021bial pentru punerea \u00een aplicare a proiectelor de construc\u021bii, neobi\u0219nuit de mare cererea pentru \u00eenchirierea de birouri, dezvoltarea tehnologic\u0103 din sectorul (start-up \u2014 chiria\u0219ilor poten\u021biali) \u0219i un flux mare de imigran\u021bi.<\/p>\n<\/p>\n<h3>Top 10 cele mai promi\u021b\u0103toare ora\u0219e pentru investi\u021bii imobiliare \u00een 2016<br \/>\nSursa: PwC<\/h3>\n<table class=\"left\">\n<tbody>\n<tr>\n<td>1<\/td>\n<td>Berlin<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Hamburg<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Dublin<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Madrid<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Copenhaga<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Birmingham<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Lisabona<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Milano<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Amsterdam<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>M\u00fcnchen<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u00cen afar\u0103 de Berlin, \u00een top 10 cele mai promi\u021b\u0103toare ora\u0219e pentru investi\u021bii \u00een 2016 include \u00eenc\u0103 dou\u0103 ora\u0219e din Germania \u2014 Hamburg \u0219i M\u00fcnchen.<\/p>\n<p>\u2022<\/p>\n<p>\u00cen 2016, Tranio recomand\u0103:<\/p>\n<ul>\n<li>alege \u043d\u0438\u0437\u043a\u043e\u0440\u0438\u0441\u043a\u043e\u0432\u0430\u043d\u043d\u044b\u0435 de investi\u021bii, \u0219i anume: de a cump\u0103ra obiecte pe stabil\u0103 \u0219i testat\u0103 \u00een timp pie\u021bele la care se refer\u0103 Austria, marea Britanie \u0219i Germania;<\/li>\n<li>nu-i alunge pe randamente ridicate, dar se concentreze pe oportunit\u0103\u021bile de conservare a capitalului;<\/li>\n<li>v\u0103 recomand\u0103m proiecte Value Added (\u0440\u0435\u0434\u0435\u0432\u0435\u043b\u043e\u043f\u043c\u0435\u043d\u0442) numai un profesionist investitorilor;<\/li>\n<li>atunci c\u00e2nd cump\u0103r\u0103 bunuri imobiliare comerciale de a alege obiecte cu efecte pe termen lung contractele de \u00eenchiriere, \u00een care maxim a costurilor de \u00eentre\u021binere vor pune pe \u0430\u0440\u0435\u043d\u0434\u0430\u0442\u043e\u0440\u0435;<\/li>\n<li>conta pe o investitie pe termen lung (10 ani \u0219i mai mult).<\/li>\n<\/ul>\n<p>Iulia \u041a\u043e\u0436\u0435\u0432\u043d\u0438\u043a\u043e\u0432\u0430, Tranio<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Potrivit anali\u0219tilor companiei Colliers, \u00een 2016, investi\u021biile \u00een imobiliare comerciale din Europa vor continua s\u0103 creasc\u0103. La aceasta prognoza se<\/p>\n","protected":false},"author":1,"featured_media":468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150],"tags":[],"class_list":["post-2221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-informatii-fiscale-in-franta"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"ro","enabled_languages":["ru","uk","en","de","fr","it","es","pl","pt","bg","cs","da","et","fi","hr","hu","lt","lv","mk","no","ro","sk","sl","sq","sr","tr","nl","am","ca","sv"],"languages":{"ru":{"title":false,"content":false,"excerpt":false},"uk":{"title":false,"content":false,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"it":{"title":false,"content":false,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"pl":{"title":false,"content":false,"excerpt":false},"pt":{"title":false,"content":false,"excerpt":false},"bg":{"title":false,"content":false,"excerpt":false},"cs":{"title":false,"content":false,"excerpt":false},"da":{"title":false,"content":false,"excerpt":false},"et":{"title":false,"content":false,"excerpt":false},"fi":{"title":false,"content":false,"excerpt":false},"hr":{"title":false,"content":false,"excerpt":false},"hu":{"title":false,"content":false,"excerpt":false},"lt":{"title":false,"content":false,"excerpt":false},"lv":{"title":false,"content":false,"excerpt":false},"mk":{"title":false,"content":false,"excerpt":false},"no":{"title":false,"content":false,"excerpt":false},"ro":{"title":true,"content":true,"excerpt":false},"sk":{"title":false,"content":false,"excerpt":false},"sl":{"title":false,"content":false,"excerpt":false},"sq":{"title":false,"content":false,"excerpt":false},"sr":{"title":false,"content":false,"excerpt":false},"tr":{"title":false,"content":false,"excerpt":false},"nl":{"title":false,"content":false,"excerpt":false},"am":{"title":false,"content":false,"excerpt":false},"ca":{"title":false,"content":false,"excerpt":false},"sv":{"title":false,"content":false,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/posts\/2221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/comments?post=2221"}],"version-history":[{"count":0,"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/posts\/2221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/media\/468"}],"wp:attachment":[{"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/media?parent=2221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/categories?post=2221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nalog.fr\/ro\/wp-json\/wp\/v2\/tags?post=2221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}