9 July 2019 – Richard D. K. Turner
Commercial real estate investment in the office sector in the first six months of 2019 has already exceeded last year’s total by 13%. Sales totalled €2.595 billion in the first semester, compared to €2.3 billion in all in 2018, according to a study by BNP Paribas. In turn, the sector accounted for 52% of total real estate investment during that same period this year. In particular, sales in the two largest cities in Spain, Madrid and Barcelona, have boosted the market.
Investments in the residential market reached €470 million during the first semester of this year, accounting for 17% of the total. The hotel sector brought in another 12% of investments, while the logistics sector accounted for 18% and the retail sector nearly 14%.
Original Story: Economía Digital