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Investment in Retail Grew by 4% in 2020 Despite Covid

Investment in commercial assets in Spain last year amounted to 1.8 billion euros, according to a study by Knight Frank.

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According to the real estate consultancy Knight Frank, investment in retail grew by 4% in 2020 compared to 2019. During 2020, the investment volume amounted to 1.8 billion euros in total, of which 460 million euros was spent between October and December.

Shopping centres were the retail segment that accounted for most of the investment, 40% to be specific; followed by supermarkets (36%). They were followed by retail parks (15%), and high street premises (9%), the latter is one of the segments that has suffered the most as a result of the current health crisis. The real estate consulting firm points out that retail parks have received interest in recent months due to the synergies they share with the logistics sector and because of the agreements that are being reached with supermarkets and retail operators with high financial stability.

Read the full article in Spanish.

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