Summary and analysis of Spain's current retail real estate market conditions.
Insight
Spain Retail Market Dynamics, Q1 2025
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In the first quarter of 2025, there continues to be high interest from retailers in prime locations in Madrid and Barcelona, with a total of 13 new openings.
Fashion and food & beverage brands were the protagonists in new openings, accounting for nearly 70% of the total.
Prime rent in the main streets of Madrid and Barcelona continues to increase due to high demand and limited availability. Retailers are beginning to focus their attention on attractive locations with more accessible rents.