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Laborde Marcet: “There will be Lots of Retail Operations due to Store Closures”

Real estate investors are focusing on the acquisition of commercial premises located in prime areas due to the opportunities and price decreases that the COVID-19 crisis is generating.

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Portal del Ángel, the busiest shopping street in Barcelona.

The lockdown will have obvious consequences in the real estate market, especially in the retail segment. That is why real estate investors are focusing on the acquisition of commercial premises located in prime areas, due to the opportunities and price decreases that the Covid-19 crisis is generating.

“Some establishments will have to shut down or cut back their expenses a lot, with the consequent impact on employment. However, those that are able to endure these months of temporary paralysis will emerge stronger from the crisis. There will be a gradual reactivation and a lot of movement directly related to the opening and closing of establishments as a result of this situation, ”says Miquel Laborde, Founding Partner at Laborde Marcet.

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