Between January and March, investment in the Spanish real estate sector amounted to €3.2 billion, 54% more than during the same period a year earlier, according to data published on Tuesday by the international consultancy CBRE.
These figures are in line with the rest of the European markets, where several real estate investment records were set during the first quarter of 2020. These figures reflect the period just before the Covid-19 pandemic reached the continent. Total investment amounted to €85.5 billion euros, up by 52% compared to the figure recorded in the same period last year.
