At a regional level, Madrid is positioned as the main market in Spain, both in land and in tertiary assets.
The Solvia Market View report highlights that the market of middle market tertiary investment is very sensitive to the location and type of assets, with a wide range of profitability, which requires a detailed analysis of the micro market and assets. In this way, average gross profits reach 7.4% in the case of commercial premises, 5.9% for offices and 7.3% in industrial and logistics warehouses.
About 76% of the value of the tertiary product and land is acquired by companies and investors (mainly promoters, industrial companies, logistics operators, retailers, etc.). By type of product, 44% corresponds to land, 30% to commercial premises, 23% to warehouses and 3% to offices.