Savills Investment Management completes €366 million in transactions in the Iberian peninsula in 2024

March 2025

Madrid, 07 March 2025 – Savills Investment Management (Savills IM), the international real estate investment manager, completed €366 million in transactions, including acquisitions and divestments, in 2024.

Throughout 2024, the company diversified and strengthened its portfolio by adding 90,000 sqm of living, logistics and food retail assets in strategic locations These assets hold Environmental Performance Certificate (EPC) ratings ranging from A to B, as well as BREEAM certifications. In terms of divestments, the rotation of assets that had reached the end of their investment cycle in Savills IM’s portfolio focused primarily on office buildings.

One of the most significant investments was the acquisition of a majority stake in a Build-to-Rent (BTR) asset in a strategic area of Madrid. Savills IM now has almost 1,000 rental homes in its investment portfolio in the Iberian Peninsula.

The investment manager also acquired a logistics platform in Malaga, where available product is in very short supply, and a portfolio of supermarkets already on long-term leases to a leading operator in strategic locations in Portugal.

Fernando Ramírez de Haro, Managing Director of Savills Investment Management for Spain and Portugal, said:

“Our activity in 2024 reflects our focus on creating value for our investors. We have rebalanced our portfolio and raised exposure to living, logistics and food retail assets, all sectors which are underpinned by robust fundamentals and offer compelling long-term growth prospects. We will continue to study the market to harness future opportunities in the Spanish and Portuguese markets”.

Outlook for 2025

Savills Investment Management will continue to study the Iberian market in 2025 to harness any investment opportunities that align with its investment strategy: high-quality, sustainable assets in locations and sectors offering positive supply and demand dynamics, with a particular focus on the living sector.

CONTACT US

Josh Carson

Montfort Communications

+44 (0) 7736 233 039

savillsim@montfort.london

Savills IM will continue to analyse the market to identify investment opportunities in sectors that offer strong long-term growth prospects.

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