Noticias

ASCANA IN MODAES.ES

Jan 2017

“Madrid has experienced a revolution in reference to investment operations in 2016, with city center such as main character – explains Eduardo Rivero, founder of ASCANA -; on the streets Gran Via and Preciados have been recorded the highest number of operations although this has had an impact on the profitabilities which have decreased compared with last year up to 4%”.

Madrid has lived a very positive year in economic terms and expectations for the following years are still good. The capital has raised 5,8% its rents average on its main comercial axes while demand on prime areas of city continues to rise.

According to the study another factor that has made the rents in prime significantly increase has been the boom of  macrostores. The 2015 Primark effect has been followed by many operators. In particular, the Gran Via of Madrid made the rents rise up in commercial premises by 4.6% up to 225 € per month per square meter.