The real estate sector will continue to be a mainstay of the Spanish economy in 2018 thanks to the take-off of residential development and the commitment of international capital for Spanish brick as a safe haven for their investments, according to the experts consulted by EXPANSIÓN.
For Adolfo Ramírez-Escudero, president of CBRE Spain, real estate developers will be one of the most dynamic investors in 2018. "This year they have gone through an expansive cycle and, through the specialization and sophistication of their product, will be increasing their prominence in the sector, "he explains.
The CEO of JLL Spain, Enrique Losantos, points out that 2018 will follow the positive pace of recent years and will maintain figures similar to 2017, with an investment volume of around 13,000 million. Losantos also assures that portfolio operations, which have been major players in 2017, thanks to the sale of assets by Banco Popular and BBVA, will continue to underpin their position in 2018. "It is very likely that we will see divestments of these portfolios in a only block, as Banco Santander did with Banco Popular's portfolio, "he says.