Spanish Housing Market attracted €600M during the first semester

Spanish Housing Market attracted €600M during the first semester

The housing segment represented around one quarter of all investment during this period. The office segment had an even better result with 34% of all investment during the first half of the year, as revealed by Knight Frank’s latest data. Despite being considered one of the segments most impacted by the pandemic, retail had a considerable share of investment during the first six months of the year with 21%. With smaller shares, the industrial and logistic segments had 18% and the urban segment had 3%.

These numbers are, according to the consultant, explained by the growing interest on the private rented sector (PRS), which is less influenced by economic cycles, than it is by demographic tendencies. This makes housing units for rental «defensive» assets and a good bet for the future.

«In the last few months, we have seen an important influx of both domestic and foreign capital in search of investment opportunities in our country for rental housing portfolios», confirmed Carlos Zamora, director of Housing at Knight Frank.

Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!