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Investors Will Spend €5 Billion Between Now and Year-End on Rental Homes, Logistics Assets and Offices

The consultancy CBRE estimates that direct investment in Spanish real estate assets this year will be 30% lower than the €12 billion recorded in 2019 and that in the event of a "U"-shaped recovery, the figure will approach €10 billion in 2021.

The coronavirus and its fallout are continuing to redraw the economic and real estate scenario. The consultancy CBRE has carried out a new forecasting exercise, in which it predicts the reactivation of investment in the Spanish real estate sector during the second half of the year. Nevertheless, by year-end, it expects the total volume of investment to be around 30% lower compared to 2019.

Those are the findings from the special edition of the Market Outlook for 2020, a study traditionally carried out by the consultancy firm, which has revised the forecasts announced in February, “following the unprecedented impact of the COVID-19 health crisis”. By sector, and given the uncertainty of the economic scenario, logistics assets, prime offices and operational assets (such as rental homes, build-to-rent housing, student residences and hospitals) are expected to lead the investment figures.

Read the full article in Spanish.


The Details of the 102 Residential Plots Being Sold by the Community of Madrid

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How Covid is Affecting House Prices: Map of the Decreases by District

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Property Developers Launch Large Urbanisations Post-Pandemic

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Fearless Despite the Crisis: Property Developers Start Work on More than 27,000 New Homes Since April

Between April and August, work began on a total of 996 developments and 27,882 homes in Spain, according to data from the real estate big data platform Brains RE, with Amenabar, Habitat and Aedas the most active players.

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