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Real Estate Investment Fell to 2014 Levels During Q2 2020 Due to Covid

Real estate investment amounted to 1,060 million euros in the second quarter of the year, down by 65% due to the impact of Covid-19, to reach 2014 levels, according to BNP Paribas RE.

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The volume of direct investment made in the office, retail, logistics, hotel, residential rental and alternative asset segments between April and June this year amounted to €1.06 billion, down by 65% compared to the same period in 2019 due to the impact of Covid-19, according to the Investment Market Report prepared by BNP Paribas Real Estate.

The report, which reflects the first full period of the economic crisis resulting from the coronavirus, reveals that the investment volume registered during the second quarter of the year was equivalent to 2014 levels.

Read the full article in Spanish.

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