"The market is alive, both for buyers and developers".
It is a fact that the real estate sector is undergoing a readjustment in 2023, due to rising rates and construction costs, but also that the market is alive, both for buyers (many of them foreign and in coastal areas) and for developers, who are detecting and finding business opportunities.
Tecnicasa points out that the housing and residential market will continue to be the focus of investors at a time when there is still a shortage of land. In fact, all developers, in unison, are demanding greater willingness on the part of the administration when it comes to processing licences and authorisations: it is essential to continue to shorten the deadlines.
In Madrid, Barcelona and Malaga, the big capitals, there is still a supply of new buildings that is much lower than the real demand. And this, in a scenario in which a considerable part of the building stock is obsolete and failing in terms of energy efficiency: the sector is waiting for the aid to be granted in the next few years. Next Generation The rehabilitation of towns and cities can be harnessed to rejuvenate towns and cities.
From the Commercial Department of DEXTERDirector Guillermo Díaz points out that "At the moment, developers are pulling more than ever on private equity for developer loans per se, but also to finance themselves to buy land or to buy assets that are finished or upgraded and put up for sale. The opportunities we are offering them in alternative financing, our flexibility and our agility are fundamental to understand this alliance which, I insist, is going through its best stage".concludes the company's executive.
