March 2023

Real Estate investment in FY22 reached record figures, totalling €16.4 billion (excluding corporate deals, +29% vs FY21). Private investors have been the major players.

Investment in FY22 developed mainly during H1, despite the Russia-Ukraine war, high inflation and the supply bottlenecks. The strongest month was April, with a total volume of €2.6 billion transacted (thanks to the sale of the BBVA branch portfolio by Merlin Properties).

September 2022

H1 2022 Spanish Real Estate investment totalled €10,454 million, excluding corporate deals, representing an increase of 90% vs. H1 2021 (€5,489 million) and above the registered in FY 2020. This recovery has taken place in a context driven by the main trends intensified by the pandemic: digitization, remote/flexible working and ESG standards, all of which are emerging key criteria in current investment strategies. As well and thanks to savings registered during the recent years, investors appetite increased during H1 2022, boosted also by the great access to capital.

March 2022

FY21 Spanish RE investment totalled €12,710 million, excluding corporate deals, representing a 34% increase vs. FY20 (vs. 25% increase in Western Europe). This recovery has taken place in a context driven by the main trends that the pandemic has intensified: digitisation, remote working and ESG standards, all of which are key criteria in current investment strategies.

September 2021

Total investment in the Spanish real estate sector amounted to c.€5.5 billion in H1 2021 (€3.5 billion euros in Q2 2021). Confidence towards RE sector has boosted, and it is expected to meet the most optimistic forecast set at the beginning of the year (between €10 and €12 billion by the end of 2021).

March 2021

Total investment in the Spanish real estate sector amounted to c.€9.5 billion in 2020. Exceptional Q1 of the year and a very solid Q4 helped to compensate the severe impact of Covid-19 crisis.

September 2020

Total investment in the Spanish real estate sector amounted to c.€5.0 billion in H1 2020 affected by the Covid-19 economic and sanitary crisis. Many transactions placed on-hold and investors in a wait and see position.

March 2020

Total investment in the Spanish real estate sector amounted to c.€12.7 billion in 2019, being the most desired assets: Office and Hospitality. Spanish 2019 RE Investment volume reinforces the strength of the sector in a turbulent economic and political year.