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Investment in Retail Will Double in 2020 Compared to the Previous Year

Investment in retail will amount to between €1.5 billion and €2.0 billion this year despite Covid-19, whereby doubling the figure achieved in 2019, according to Savills Aguirre Newman.

Centro comercial Fan Mallorca Shopping 1024x683 2

Investment in traditional retail this year is forecast to exceed the figure recorded in 2019, despite the Covid-19 crisis. Specifically, investment is expected to amount to between €1.5 billion and €2.0 billion in traditional products (excluding commercial premises), according to a report prepared by Savills Aguirre Newman.

This increase in investment in the segment is due to the sale of Intu’s shopping centres as well as the sale of several large supermarket portfolios, which could boost the figure by €700 million by the end of the year.

Read the full article in Spanish.

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