With figures for the third quarter still provisional, investment in offices in Spain so far this year amounts to around 1.5 billion euros, down by 45% compared to September 2019, according to data from the consulting firm CBRE.
For Lola Martínez Brioso, Director of Research at CBRE Spain, “in the environment of extremely low interest rates that has characterised the world for many years, and which will continue for a few more years yet, there is plenty of capital in search of investment opportunities. For this reason, investors still have an appetite for the office market, but the most sought after products, specifically, core and core + assets with stabilised cash flows, continue to be the most scarce”.
Read the full article in Spanish.
