Europe
The average rent in Spain has doubled over the past decade, while the availability of rental apartments has steadily declined.
Anticipation for the real estate market is increasing, as interest rates are predicted to decline further.
All projects (Grijota III, IV and V) are expected to deliver more than 307 GWh of renewable energy per year.
The 16,570 m² facility, fully leased for 20 years, underscores the ACSEL fund's commitment to expanding its portfolio of sustainable logistics assets in Southern Europe.
The ECB has been studying the risks that the CRE downturn is posing to banks after a downturn triggered by rising rates.