La inversión inmobiliaria se dispara un 35% y marca récord hasta septiembre

Intra-urban property investment surged by 35% in 2025, reaching a record high by September, according to data from JLL. The boom was fueled by acquisitions of the former Telefónica headquarters, as well as the Megapark and Xanadú shopping centers. The sector's accumulation totaled €14.893 million up to September, a 35% increase compared to the same period last year.

Despite uncertainty caused by recent housing laws, which took effect, optimism remains for the year's final stretch, albeit with concerns about potential slowdown in residential segment operations. Institutional rental property investment surpassed €3.900 million by September, compared to €845 million a year earlier. A single transaction—Brookfield's acquisition of Fidere—accounted for 31% of retail segment volume.

The office segment followed closely with 2.653 million euros in transactions, a 12% increase. The largest single deal in Q3 was Square Asset Management's purchase of Omega Business Park in Alcobendas for €104 million. Other notable transactions included GMP's acquisition of a property at Puerto de Somport 21 in Madrid and Insur Group's purchase of Costa Brava 2-4 in Madrid.

Mixed-use properties, such as the Telefónica headquarters in Madrid's Gran Vía, stood out with a €200 million purchase. Retail investment also grew 45% to €2.538 million, with major buys of Megapark Barakaldo for €253 million and 50% of Xanadú in Arroyomolinos for €250 million. Hotel investment dropped 5% to €2.451 million but still showed the second-best performance in the first nine months since 2018.

Notable hotel sales included Nomade Madrid, acquired by GS Bacares Iberia, ME Barcelona by Kaya Holding, and Room Mate Macarena in Madrid for €81 million. By year-end, hotel-related operations are projected at €4.000 million for 2026. Other property types also saw significant investment, with student residences totaling €976 million up 16% to September, and flexible lodging seeing a 210% jump to €319 million after Meridia bought a Carabanchel complex with 977 beds.

The healthcare sector saw a 35% decrease, with €688 million invested. While the decline is notable, it remains the second-highest record for the period. JLL's Juan Manuel Pardo, in charge of Capital Markets for JLL Spain, noted the sector's dynamism confirms Spain's "strength" as a leading international real estate investment destination, emphasizing the importance of strong fundamentals across all market segments as the year winds down.