Real estate investment in offices grows 55% in 2019

Real estate investment in offices grew 55% in 2019 , reaching an investment of 4,314 million euros in Spain and was positioned as the main driver of real estate investment activity, according to data from Savills Aguirre Newman.

By region, Madrid has transacted 86 assets compared to 59 that it transacted in 2018 and in Barcelona transactions have risen to 48 compared to 17 a year earlier. The transacted volume amounted to 2,392 million euros in Madrid and 1,780 million euros in Barcelona.

According to Savills, "the recovery of activity in Barcelona and product rotation have been the main drivers of the market , after two years of uncertainty in the Barcelona city market and the general shortage of product in total."

The total volume transacted has been completed with 143 million euros corresponding to operations in cities such as Valencia, Bilbao and Malaga.

The head of Savills Aguirre Newman offices , Hipólito Sánchez, pointed out that 2019 has been a "spectacular" year in the office segment and has had a frenetic pace.

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Thus, it has affirmed that as long as the solid fundamentals of the office market with little supply and strong demand continue , together with low interest rates and a high degree of liquidity, it will continue to see an excellent performance in the office dragon quest builders 2 room recipes .

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