"We are clearly detecting that there is a very strong demand in the market and that developers and builders are turning to alternative financing.
It is a trend that has come to be consolidated with numbers, and to be visualised. The real estate sector saw record investment in Spain up to September, a figure that CBRE puts at 27% more invested in the first nine months than in 2021, with residential accounting for 30% of the total.
Thus, the Spanish real estate market closed the third quarter with an investment of 4,298 million euros. Investment therefore stands at €14,196 million in the new first months of the year, the best figure since the start of the historical series (which began in 2007), above the record reached in 2018 (€14,000 million).
In terms of evolution, depending on the sectors, the residential or living segment led the way with a total transacted volume of 1,276 million euros, 30% of the national investment in this period. This figure represents an increase of 78% compared to the figure recorded in the same period last year. In total, up to September, this sector has registered a total transacted volume of over 3,730 million euros, also the highest figure since the beginning of the historical series.
The industrial or logistics sector ranked second in terms of investment, with 20% of the national volume transacted during the third quarter and a total of 884 million euros. This is more than three times the figure recorded in the same period last year. In addition, this sector has reached a record in cumulative investment up to September, with a total of 2,058 million euros.
From the commercial department of DEXTERGuillermo Díaz, the head of the company, pointed out that "We are clearly detecting that there is a very strong demand in the market, that real estate continues to drive the economy and, in our case, that developers and builders are turning to alternative financing. Entrepreneurs in general. This is speeding up deadlines, speeding up projects and, in conclusion, making it easier for these real estate investment figures to be simply historic".he concluded.