The industry's own research.
23 items
This document surveys the Catalan logistics real estate market in the first quarter of 2026, reporting record leasing activity of 238,575 square meters (up 61.6 percent versus Q1 2025), stable average rents of €6.40 per square meter per month rising 1.58 percent year-over-year, and a very low availability rate of 3.96 percent with future supply of 170,289 square meters concentrated in the second development ring. The market outlook reflects Spanish GDP growth projected at 2.3 percent in 2026 and notes that the Catalan logistics sector is well-positioned to absorb over 650,000 square meters of annual demand.
The Q1 2026 MarketBeat report covers Spain's office sector in Madrid and Barcelona, analyzing leasing activity, availability, rents, and investment trends across both markets. Key findings state that Madrid and Barcelona entered 2026 with resilient office demand despite limited space availability, with quality Grade A and B+ buildings driving the market, declining availability putting pressure on prime stock, prime rents maintaining upward trends, and renewed investment interest focused on core and core-plus prime assets in established locations.
Spanish retail in Madrid and Barcelona started 2026 with balanced growth driven by consumption, tourism, and strong fundamentals, with fashion, leisure, and food & beverage sectors leading market performance amid a shortage of prime retail space and historically low availability. Prime high streets showed very high occupancy levels, shopping centres demonstrated positive trends in sales and footfall, and retail investment gained traction with a focus on yield stabilization and market normalization.
The Q1 2026 MarketBeat Spain Industrial & Logistics report covers the industrial and logistics property sector in Spain, with particular focus on Madrid and Barcelona markets, analyzing demand activity, occupier behavior, investment trends, and rental dynamics. Key findings include Madrid recording over 310,000 square meters of take-up and Barcelona reaching 235,000 square meters in Q1 2026, with occupiers prioritizing prime high-quality assets meeting ESG criteria, while tightening availability—especially in Barcelona—drives upward rental pressure and confirms strong market fundamentals despite global economic uncertainty.
BNP Paribas Real Estate's first-quarter 2026 Barcelona office market report documents total availability at 11.95%, with absorption of 72,312 square meters across 61 transactions and average rents at 19.45 euros per square meter monthly, rising 4.3% year-over-year. The report projects 2026 gross absorption of approximately 315,000 square meters with a 5% increase in contracting activity, against a Spanish GDP growth forecast of 2.3%.

JLL's European Retail City Profile for Barcelona, published in November 2025, presents market insights on the city's retail sector, including its position as the fourth largest retail market in Europe with annual sales expected to reach €39.0 billion in 2025 and an average metropolitan population of 6.0 million inhabitants. The document reports that Barcelona's disposable income per household averages €60,000 in 2025 (13% above the national average), retail sales are forecast to grow 3.3% annually from 2025 to 2029, the city attracted over 26 million visitors to its metropolitan area generating more than €10 billion in tourism spending, and premium shopping street Paseo de Gracia commanded the highest rents at €3,226 per square meter per year in Q3 2025.

Madrid's office market recorded take-up of 147,500 square meters in Q4 2025, with annual 2025 take-up around 530,000 square meters in line with pre-Covid levels, while prime rent closed at €43/sqm/month with expected continued increases in 2026 due to limited high-quality supply. Spain's total office investment in 2025 reached approximately €2.4 billion, with Madrid accounting for 67% and Barcelona 28%, though nearly €500 million involved conversions to residential or tourism use, predominantly in Madrid.

Savills Research examines the Spanish logistics market across Madrid, Barcelona, and Valencia in Q1 2025, analyzing take-up, rents, supply, and geographical distribution. The Madrid Central Region recorded 215,000 sq m of take-up with prime rents at €6.25/sq m/month and a 10.4% vacancy rate, while Barcelona achieved 150,000 sq m take-up with prime rents at €8.75/sq m/month and 4.92% vacancy, and Valencia recorded a record 208,000 sq m take-up (driven largely by a major Tempe self-development project) with prime rents stable at €5.50/sq m/month and a 0.66% vacancy rate.

This is a Q1 2025 market data report published by CBRE on March 31, 2025, presenting figures for the industrial and logistics sector in Catalonia and Barcelona, Spain.

Savills Research analyzes Spain's high street retail market as of February 2025, reporting that Spain's GDP grew 3% in 2024 driven by tourism recovery and consumption, with inflation declining to 2.8% and unemployment reaching 10.6%, the lowest since 2008, while the General Retail Trade Index closed at 106.56 representing 1.7% growth. The document covers prime retail street performance across Madrid, Barcelona, Valencia, Seville, and Málaga, finding that after two years of significant increases, 2024 was a stabilization year with pedestrian traffic declining 2.4% and store entries declining 2.2%, though Madrid's prime retail market of 896 units achieved near-full occupancy on streets like Preciados with only one available unit at €263/sq. m/month rent.

Valencia's prime retail high street zone is expanding driven by tourism and low availability, with rental availability declining to approximately 5% over the past 12 months and streets like Jorge Juan, Ruzafa, and Don Juan de Austria near 0% availability, pushing commercial expansion to adjacent secondary streets around Mercado Colón, Plaza de la Reina, Plaza Mercado, and Calle San Vicente. International operators view Valencia as the third priority city after Madrid and Barcelona for flagship stores, but face challenges due to insufficient large-format retail spaces, while investment yields for prime assets remain near 4% with limited transaction activity as most prime commercial properties are held by private investors with a long-term ownership profile.

This is a first-quarter 2026 retail market report published by Colliers covering Madrid and Barcelona, Spain.

This is a data figures report published by CBRE on December 31, 2025, presenting fourth quarter 2025 market data for the multifamily residential sector in Barcelona, Spain.

Madrid's industrial logistics market recorded 950,000 sq m of take-up in 2025 with a 9.15% vacancy rate and prime rent of €7.00/sq m/month, demonstrating continued resilience despite macroeconomic challenges and showing strong fundamentals through rising rents and healthy transaction levels. Barcelona's logistics market closed 2025 at 565,000 sq m (down 20% from 2024) with a vacancy rate of 4.0% and prime rent of €9.00/sq m/month, indicating emerging supply constraints that may drive further rent increases in 2026.

This is a market data report published by CBRE on December 31, 2025, presenting figures for real estate investment in Barcelona, Spain during the fourth quarter of 2025, covering the capital markets and office sectors.

This is a full-year market report on hotel investment activity in Barcelona, Spain, published by Colliers at the end of 2025. The report covers the hospitality sector in this European geography.

This is a market data report published by CBRE on December 31, 2025 presenting fourth quarter 2025 figures for the industrial and logistics sector in Barcelona, Spain.

Barcelona's office market recorded approximately 120,000 square meters of contracted space in the third quarter of 2025, positioning it to reach 350,000 square meters annually, with vacancy declining to 10.65% and average rents reaching a historic peak of 19.80 euros per square meter per month. Large-scale transactions exceeding 5,000 square meters represented 5.4% of demand, flex operators expanded to comprise 10.6% of total absorption, and investment volume reached approximately 580 million euros, with the Prime CBD yield remaining stable at 4.75%.

This JLL report analyzes Barcelona's office market in Q2 2025, covering leasing activity that reached 152,932 sq.m. in the first half of the year—11% below the prior year but 30% above the previous quarter—with the 22@ district accounting for 38% of demand and major tenants including Deloitte (14,100 sq.m.), AstraZeneca (5,403 sq.m.), and CrowdStrike (5,027 sq.m.). The document notes that 66% of investment deals in the first half were Core and Core+ assets, reflecting investor preference for prime well-located properties.

Spain's residential market accelerated in the first half of 2025 with sales growing 8.5% year-on-year to mark the strongest start since 2007, driven by falling mortgage interest rates (around 2.8%), employment growth, and migration flows that are projected to add over 5 million inhabitants to Spain between 2025 and 2039. Housing prices rose 6.2% in H1 2025 to exceed €2,090/m², with dynamic markets such as Madrid (+7.7%), Málaga (+7.4%), and Valencia (+7.4%) outperforming the national average, while a structural supply deficit estimated at 250,000 units annually continues to fuel upward price pressure despite improvements in new-build permits.

During the second quarter of 2025, Barcelona's office market recorded approximately 95,600 square meters of lettings, representing a 66% increase from the first quarter and a 40% year-on-year rise, with notable transactions including Deloitte's 14,100 square meter lease in the Centro Ciudad zone and the Barcelona municipal government's 8,400 square meter agreement in the 22@ district. The average rent across the market reached 18.35 euros per square meter per month, a 3% increase from the previous quarter, while the availability rate declined to 11.67% due to strong absorption and the absence of major new supply additions to the market.

This is a market data report published by CBRE on June 30, 2025, presenting office sector figures for the second quarter of 2025 in Barcelona, Spain.

Pan-European office market review showing prime yields compressing to 4.96% in Q2 2025, led by Madrid, Barcelona, Paris CBD and Amsterdam.