The Spanish real estate industry has received above €800m in direct investment as of the end of January 2018, according to BNP Paribas Real Estate latest report.
The figure is up year-on year, with €736m poured into Spanish property assets in January 2017.
The €370m sale of Inditex’s commercial stores portfolio or Blackstone’s purchase of four platforms belonging to the Spanish international supermarket chain Dia were among the most outstanding operations finalised in January.
According to the report, the volume of direct investment in commercial properties – offices, logistics and hotels – amounted to €10.4bn in 2017, being this figure one of the highest in the history of investment markets.
Luis Nuño, director of Investment Offices at BNP Paribas Real Estate, said: “The favourable macro-economic outlook, the market in clear positive trend – with a good behaviour of its fundamentals – allow us to face the year with optimism in the sector. “