Yesterday, 26 Mayo 2015, the 16th annual conference of the ESADE Real Estate Club was held in Barcelona, bringing together renowned stakeholders in the sector to share their experiences and visions.
In addition to sharing proposals on how to face the future of the sector, including the need to industrialize production of certain materials, which in some cases are still made artisanally, greater specialization, a better-trained workforce, etc. One point of concern on which everyone agreed was the strong pressure from foreign investment funds.
This pressure improves the number of transactions and pushes up land prices. ‘Barcelona and Madrid are up 64% in recent months,’ according to Alberto Valls of Deloitte.
There are two markets in Spain: there are areas with high demand from foreigners or high-end consumers, where prices may still rise and other areas, where speaking of significant increases is irresponsible.’ And, in the same regard, Elena Massot ensures that “most national buyers can’t handle a price increase.’
SOURCES: La Vanguardia
