The pandemic is reorganizing the various real estate segments.
With an estimated drop of 10% in Spain’s Gross Domestic Product for 2020 (Bank of Spain), a number of business sectors face tough conditions in terms of operations and performance. Some property segments are, however, showing a greater degree of resilience.
Alongside the logistics sector, boosted by the growth of e-commerce, Retail Parks remain strong in the face of new shopping habits.
With open-air common spaces and operators belonging to sectors enjoying vigorous demand, such as DIY and household and sporting goods, Retail Parks are showing clear potential for growth in the post-COVID-19 period.