Spain. At the end of 2014, the real estate consultancy Cushman & Wakefield reported a market share of 59% in the non-residential property sector in Spain. According to information released by the company in a statement, despite the complicated Spanish economic situation, the sector of offices and shopping centers, has been the first to show signs of recovery and suffered a significant growth in its level of demand.
Thanks to the above, real estate investment showed an increase of almost double compared to the figures of 2013. The firm estimates that about 6.4 billion euros ($7.2 billion) in real estate assets were traded last year.
Oriol Barrachina, CEO of Cushman & Wakefield in Spain, said in this regard that "2014 has been a very active year in investment and we believe that 2015 will continue in this line of growth, as can be glimpsed by the operations closed in these first months and by the forecasts for the rest of the year".
