Investment in the Spanish real estate sector grew by 62% in the third quarter of 2021 compared to the same period last year, to 2.628 million euros, and already accumulates a total volume of 7.842 million euros between January and September, a 16 % more according to the data provided by the CBRE consulting firm.

Those that have registered the most investment volume from January to September are “multifamily” (1.875 million euros) and hotels (1.869 million euros). Therefore, Lola Martínez Briones, the director of the Research department of CBRE Spain, has affirmed that investment in the real estate sector in Spain is recovering rapidly and that, according to her forecasts, they point to a very active four quarter and they expect that 2021 volumes are approaching pre-pandemic volumes.

European recovery from pre-pandemic levels

European real estate investment grew by 55% in the third quarter of 2021 compared to the same period of the previous year, amounting to 77.300 million euros and the accumulated total so far this year already amounts to 208.000 million, 10% more than in the first nine months of 2020.

On the other hand, the volume of investment in hotels has grown 24% so far this year in Europe and 41% compared to the third quarter of 2020. The industrial and logistics sector has also had a good evolution, since investment In the first nine months it has grown by 65% ​​compared to the same period in 2020.

Regarding the “multifamily” sector, investment has increased by 20% compared to 2020 and 143% compared to the third quarter of 2020. Investment in offices increased by 32% in the third quarter compared to the third quarter of last year.

Finally, from CBRE they have indicated that the volume of investment reached in Europe in the third quarter represents a return to the levels of before the pandemic, being very close to the figure reached in 2019 (78.800 million) and exceeding the volumes registered in the same period of the previous five years.

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