Iberian commercial real estate investment registered a new maximum last year with more than 15 billion euro. This is an amount of 8% higher than the one registered in 2018.
Despite Spain continuing to receive the largest share of investment – around 77%, Portugal consolidated its position on the market and had the best year ever, with 3.4 billion euro invested and its capital, Lisbon, continues to be the city with the largest share – 12%.
The same happened in Spain, where Madrid continues to represent one-quarter of all investment in Iberia, such as had been the case during the previous year. And the Catalan Community, with Barcelona leading it, saw the investment volume grow and reach almost 2.6 billion euro by the end of last year, representing 17%. The remaining Spanish regions saw investment decrease – around 5% - having reached at the end of the year 5.4 billion euro.
It should be noted that these volumes of investment concern the 288 direct commercial real estate investment operations concluded in Iberia throughout 2019 and registered on the platform Iberian Property Data, based on public information. Not all transactions’ amounts were disclosed and it is estimated that the total investment in Iberia during 2019 should be even higher.