
The retail sector continues its transformation process, consolidating itself as one of the great drivers of sustainability in the real estate market. Large distribution companies in Spain, represented by ANGED (National Association of Large Distribution Companies), have increased their investment in new openings, digitalisation and sustainability by 34% in 2024, reaching record figures with a CAPEX of 1.25 billion euros, the highest level in the last decade.
This trend reflects the growing importance of sustainable practices in the tertiary sector, where energy efficiency, the use of eco-friendly materials and the transformation of commercial spaces are already strategic priorities. Sustainability not only improves the profitability of assets, but also drives the attraction of new consumers, increasingly committed to responsible and sustainable companies.
At Urbemar, as specialists in asset management and wealth management in the tertiary sector, we underline the importance of retail investors and managers integrating sustainability as a fundamental part of their strategies. Renovating commercial spaces with ESG (environmental, social and governance) criteria reduces the environmental impact and generates added value for the assets, increasing their attractiveness and profitability in the long term.
In addition, the retail sector acts as an economic and social driver, generating jobs and boosting complementary activities such as logistics, industry or services. According to ANGED data, for every 100 direct jobs in retail, 59 indirect jobs are generated, which shows its positive impact on the general economy.
Investing in sustainability in the retail sector is not just a trend; it is a necessity that will mark the future of commercial spaces and the success of the companies that lead this transformation.

