CALCULATION BY SUB-INDUSTRY 2Q/2022
During the analysis period corresponding to the second quarter of 2022, an average increase of 28 basis points is observed in the discount rates of the Real Estate sub-industries analyzed in relation to the previous quarter, with the Development sub-industry being the one that has experienced the largest increase during this period. The main causes of the increases in Real Estate discount rates are due to a significant increase in the market risk premium of 80 basis points and an increase in the credit spreads of the different sub-industries. Additionally, during this quarter the risk-free rate (measured by 30-year BTU) had a decrease of 12 basis points, which helped partially offset the increase in rates generated by the aforementioned variables.
During the analysis period corresponding to the second quarter of 2022, an average increase of 28 basis points is observed in the discount rates of the Real Estate sub-industries analyzed in relation to the previous quarter, with the Development sub-industry being the one that has experienced the largest increase during this period. The main causes of the increases in Real Estate discount rates are due to a significant increase in the market risk premium of 80 basis points and an increase in the credit spreads of the different sub-industries. Additionally, during this quarter the risk-free rate (measured by 30-year BTU) had a decrease of 12 basis points, which helped partially offset the increase in rates generated by the aforementioned variables.