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MVGM Spain Market Report Q3

2 weeks ago

MVGM is launching the report for the third quarter of 2021, marked by the arrival of the long-awaited vaccine against COVID-19 and, with it, the start of the economic recovery, which gives an optimistic view of the sector.

The report highlights, among other data, that almost 100% of shopping centres are back to normal operations and have opened all their premises. Also, the upward trend in footfall during the summer, with an accumulated rate of +14.4% – according to Shoppertrack data – compared to September 2020, which anticipates a return to pre-pandemic levels in January 2022.

Thus, the data collected by our team reflect the consolidation of the hybrid model of teleworking, the increase in the price of home sales and purchases compared to the stabilization of rents and the boom in domestic tourism.

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