As 2022 comes to an end, it is time to reflect on a year in which the real estate sector has gone from the greatest euphoria in 15 years to extreme caution in the face of signs of a global slowdown. Be that as it may, investment in the real estate sector in Spain looks set to reach around 17.5 billion euros by the end of 2022, compared to 12.7 billion euros in 2021. That is according to the latest forecasts for real estate investment data provided by CBRE, which reflect an increase of almost 38% over the last 12 months.
For Paloma Relinque, Director of Capital Markets at CBRE Spain: “This investment figure shows that the real estate sector in Spain is continuing to prove attractive to investors, despite the changing macroeconomic context. So much so that we anticipate a fairly positive end to the year, with investment levels similar to those reached in 2018. Looking ahead to 2023, we expect to observe greater caution on the part of investors, especially during the first half of the year”.
Read the full article in Spanish.