Cushman & Wakefield MarketBeat reports analyse quarterly Spain commercial property activity across office, retail, industrial and living real estate sectors including supply, demand and pricing trends at the market and submarket levels.
Following the closure of a turbulent 2023 with the much-awaited news of the end of interest rate hikes, 2024 is proving to be full of challenges. Inflations data for the Euro zone have been as expected and the ECB will cut rates again though de-escalation will remain gradual.
Spain's GDP data is outperforming forecasts, placing it above the Euro zone growth rate, with an estimate for 2024 of 3.1%, followed by 2.0% for 2025.