If you do the work, there are still undervalued, attractive looking value opportunities to be found within Europe and one of the sectors that has become fashionable during recent months is Spanish property.
Inmobiliaria Colonial SA (BME:COL) is a Spain-based REIT, one of the country's largest, with operations throughout Europe.
Inmobiliaria Colonial is both a property developer and owner, making a living off commercial and residential property throughout Spain. The company's assets are located within key cities. As a play on Europe's recovery Colonial could be worth a bet, although I'm not going to be able to cover the whole case for investment...
