Publications

Research - JULY 28, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Retail investment in Spain to reach €2b, exceeding 2019 volumes

by Released

Retail investment volumes for 2020 are expected to exceed those of 2019, despite COVID-19, a new report from Savills Aguirre Newman suggests.

According to data from the international real estate advisor, 2020 retail investment volumes are expected to reach between €1.5 billion and €2 billion ($1.8 billion and $2.3 billion) across traditional products (excluding high street). This is largely due to the sale of Intu shopping centers and large supermarket portfolios, which alone could reach €700 million ($820 million) by the end of the year.

The report shows there has been increased appetite amongst investors for assets with long-term contracts based on convenience and, as such, supermarket portfolios and medium-sized urban parks have been popular. At present, with supermarket operations in the market estimated to be €500 million ($586 million), added to the €190 million ($223 million) transacted already, 2020 is on track to be a record year, with supermarket-ba

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.