Global real estate operation falls 67% in March
Real estate investment in commercialized (tertiary) assets contracted nearly 67% globally during March. From Spain, Colliers International reported that during the third month of the year operations were carried out for a volume equivalent to 48 billion dollars, as opposed to the 144 billion in the same month of a previous year.
Thus, during 1Q20 the operation was equivalent to 250 billion dollars, to be the lowest in a quarter since 2Q12.
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