In the month that wraps up the summer and the third quarter of the year, investment was robust, mainly in the residential sector. Housing saw the lion’s share of activity throughout the month of September.
Although August usually proceeds at a slower pace, with fewer investments and a lull in the news, last month saw a continuation in the ongoing recovery of the real estate sector in terms of transactions and investments.
July was a month of significant investment, mainly in the hotel sector, and in line with the previous month in which there had already been major acquisitions and openings.
June saw a significant increase in investments, particularly in the hotel sector, where reports surfaced of inaugurations and acquisitions of units destined for tourism. Nevertheless, despite the restrictive measures having relaxed somewhat, even now, in the middle of June, we were faced with worrying data regarding the pandemic, leading to the cancellation of more than 50,000 reservations for short-term lets.