The investment in real estate in 2019 reached 12.000 million Euros, 35% less than 2018

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A study published by the real estate consulting firm, Savills Aguirre Newman notes that in 2019 the investment in the real estate market was 12.000 million, which is a 35% decrease compared to data from 2018. Despite the fall in percentage, it is important to take into account that 2018 was the decade’s best year in real estate investment and that the figure from 2019 is the fourth best since the year 2000.

The study also indicates that the data concerning the demand for housing is positive, with a forecast of more than half a million units in 2020 and a 3% or 4% price increase is also foreseen. The decent in real estate investment in the housing market centers mainly around pre-owned properties while the promotion of new homes has experimented residual growth.

Within the corporate framework, the important fall in investment that the study reflects is due principally to a decrease in operation between large corporations, which in 2018 were very high and in 2019 did not play such a prominent role. The retail sector also saw a notable decrease in investment mainly due to fear generated by the suffering of businesses in English-speaking markets.

Innovations in the sector

The data offered by Savills Aguirre Newman highlights several innovations in the real estate sector, which are basically the result of collaborative models and new social behavior. Flexible offices and co-working are a reality in our society and, although not as common, co-living is becoming more present and will require the creation of regulations that offer options between turistic rent and traditional rent.

While it cannot be qualified as an innovation, the Green stamp or the sustainability and environmental protection accreditation of buildings is a factor that is becoming more and more important within the sector.

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