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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.

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.

The Valencia industrial and logistics market faces acute supply scarcity with availability below 1%, addressed by a planned delivery of over 800,000 square meters of new space between late 2025 and 2026, of which 470,000 square meters are immediately available. The market demonstrates strong demand with absorption exceeding 400,000 square meters in the first nine months of 2025 (a 65% increase year-over-year), prime rents consolidating at 5.5 €/m²/month with asking prices reaching 5.65–5.75 €/m²/month in prime locations, and investment volumes in the Valencia region surpassing 100 million euros during 2025.

Valencia has consolidated its position as a preferred destination for institutional investors in the Living segment, with Build-to-Rent stock of 1,493 units currently held by institutional investors plus 1,385 additional units expected in coming years, while flex living has emerged as the highest-interest asset class due to high returns despite limited operations constrained by scarcity of large tertiary land with adequate public transport connectivity. The report identifies institutional investor interest as a strategic opportunity for urban regeneration and housing supply stabilization, though Valencia faces the challenge of enabling sufficient developable land to compete with other European capitals while addressing the fact that 95 percent of the city's housing stock was built before 2010.

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.

The Valencia office market report finds that prime buildings are expected to reach 100% occupancy in 2025, with current prime rents at €18.50 per square meter per month and new projects anticipated at €22–24 per square meter per month. Market availability stands below 4%, demand is driven by flexible workspace operators and technology companies, and approximately 35,000 square meters of new office supply is expected in strategic areas including the Marina zone, which has established itself as a new office hub.

Valencia's residential market faces structural tension with demand significantly outpacing supply, resulting in a 22.5% year-on-year price increase in 2025, while projections indicate the province of Valencia will need approximately 215,000 new homes by 2039 to accommodate household growth of 19.1% in the Valencian Community. New construction offerings are at historic lows due to limited buildable land and slow urban planning processes, with over 30% of new homes marketed in 2025 exceeding €500,000 and primarily targeting international buyers, while second-hand housing in neighborhoods like Ruzafa and El Carmen has become the main access route for local residents with an 11.3% price increase.

Valencia's hotel market expanded significantly between 2019 and 2025, with the number of operating hotels increasing 35% to 201 properties and total rooms growing 14% to exceed 10,000, while maintaining stable 76% occupancy driven primarily by international tourists (65.4% of 3.3 million overnight stays in the first eight months of 2025). Operating metrics show an ADR of 116 euros and RevPAR of 88 euros as of August 2025, with hotel investment reaching 136 million euros in 2024 and notable transactions including a 50 million euro acquisition of Hotel Exe Rey Don Jaime in 2025.
The document analyzes Valencia's logistics real estate market in first quarter 2026, reporting gross absorption of 152,188 square meters across 13 transactions, average rents of 4.57 €/m²/month (up 6.16% year-over-year), and a vacancy rate of 2.42% with 332,212 square meters of new supply expected within 12 months. The report notes that Spain's economy is projected to grow 2.3% in 2026 according to the Bank of Spain, with Valencia's total logistics park exceeding 5.5 million square meters and new developments following grade-A standards with sustainability certifications.
Savills Spain has published Vision Valencia 2025, a real estate market analysis document covering all key indicators for the city. The report, presented by Ignacio Olivas, Director of Savills Valencia, indicates the city is entering a phase of reaffirmation and leadership while on track to reach record real estate investment figures this year, with analysis across residential, office, industrial-logistics, retail, hotels, and alternative segments.

This is a market snapshot report published by Colliers on December 31, 2025, covering the logistics sector in Valencia, Spain during the fourth quarter of 2025.

BNP Paribas Real Estate's fourth quarter 2025 market report on Valencia's office sector documents total contracting of 51,489 square meters (down 24.9% year-on-year), average rents of €13.44 per square meter per month (up 3.8% annually), and a global availability rate of 2.36% as of January 2026, with demand shifting away from prime zones (9% share, 0.35% availability) toward decentralized areas (37% share) and periphery (33% share). The report projects approximately 100,000 square meters of high-quality prime office space will be delivered over the next three years to address supply constraints, against a favorable macroeconomic backdrop with forecasted GDP growth of 3% in 2025 and 2.5% in 2026.
Valencia's logistics market recorded 162,729 square meters of contracting in Q4 2025, representing a 43.5% increase year-over-year, with annual cumulative contracting reaching 594,681 square meters. Prime rental rates stood at 5.85 €/m²/month and average rates at 4.57 €/m²/month (both up approximately 6% year-over-year), while total stock expanded to 5.5 million square meters with 462,470 square meters under construction expected to enter the market in 2026.

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.