The current inflation caused mainly by excess demand and the limited supply is having a significant impact on the real estate sector.

Not only in terms of rent updates but also in investment projections for new projects that show large fluctuations in terms of shortand medium-term forecasts. Inflation helps in this case to mitigate the real effect of leverage, but, at the same time, it implies a reduction in the book value of assets. How should we manage real estate in a high inflation environment?