Spain's real estate and SME financing jumps as investors pour billions

A CBRE European Lender Intentions Survey shows that around 70% of lenders expect to increase their real‑estate financing activity in Spain in 2026, and 80% are ready to back development projects. The abundant liquidity is driving competition among national banks, international lenders, insurers and debt funds, with a focus on residential, industrial‑logistics, hotels, living‑space and a resurgence in premium office and retail assets. Capital is becoming more selective, demanding high‑quality assets, prime locations and ESG compliance.

Separately, the European Investment Bank and Banco Sabadell have concluded a securitisation that will mobilise up to €975 million for Spanish SMEs and mid‑caps. The BEI contributes €362.5 million, of which up to €164 million is earmarked for projects in security and defence and €71.5 million for green loans. The programme aims to broaden credit access, support innovation, digitalisation and sustainability, and strengthen the competitiveness of Spain’s corporate sector.