The take-up volume in the fourth quarter stood at 108,549 sqm, a figura representing a quarterly increase of 19.0%, and 2.5% compared with the sme quarter in 2020: it is the highest quarterly absortion figure since 2019.

The letting registered in the last quarter of the year were 93,830 sqm, a quarterly increase of 3.5%, and marking a qquarter of volumes not seen since 2019. 

The hotel sector doubled its total investment volume in 2021 going from €1.211 million in 2020 to €2.487 million. This figure accounts for 21% of the total investment of commercial real estate.

The total figure for 2021 amounted to 832,483 sqm, a rise of 90.6% compared with 2020, and 22.9% higher than 2018, the most dynamic period in the historic series.

Annual lettings volumes rose to 402,850 sqm in 2021, the highest level ever seen and almost twice the volume for 2020 (+93%). Furthermore it represents an increase of 34% compared with 2019, the previous market peak.