The Balearic Islands is the third most important autonomous region by number of tourist arrivals, behind Catalonia and the Canary Islands. Tourism is the Islands' main economic driver. Its good performance, mainly over the last 5 years, has had an extremely positive impact on other sectors, such as Residential, Offices, Industrial and Retail High Street.
The CBRE Palma de Mallorca office first opened in 1997, and is located on Avenida Alejandro Rosselló, in the heart of the city, next to the Plaza de España.
With more than 20 years experience in the local market, the team at the Palma office forms a key part of the businesses on the Balearic Islands, working closely with national and international companies that operate on the Islands.
The most active sectors at the Palma office and some of the most important deals carried out over recent years include:
Residential: sales marketing of Pinar Residencial, owned by Iberdrola Inmobiliaria.
Offices: relocation of companies such as TUI, Trivago, Hundredrooms, Iberoservice, LIDL and SM2.
Retail: identifying new locations for Hugo Boss, Zara, Guess and Brownie among others.
Shopping centres: worked as a marketing agent for the Porto Pi shopping centre until 2014. Sole marketing agent for Fan Mallorca Shopping until its opening in September 2016.