The Covid crisis has directly affected real estate investment. Specifically, the volume of loans to property developers fell to 7.5 billion euros in 2020, which represents a decrease of 25% compared to the figure registered a year earlier.
That is due to the decrease in activity as a result of the general lockdown, as well as the uncertainty generated and the fear that some projects will not end up going ahead, according to financial sources speaking to Vozpópuli.
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