Coronavirus Halts 14% of Investment Operations in the Office Sector

23 April 2020 – Brainsre.news

The volume of the operations identified as of 14 March amounted to more than €4 billion and today 86% of those deals are still on the table, according to Savills Aguirre Newman.

The vast majority of office transactions in the real estate investment market in Spain are waiting to be resumed when the situation stabilises, says the consultancy Savills Aguirre Newman.

Up until 14 March, the first day of the State of Emergency, the firm had identified a potential volume of ongoing transactions amounting to more than €4 billion involving almost 60 operations, including portfolios and transactions of unique assets in Madrid and Barcelona.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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