AXA Buys 850 Prime Residential Assets in Spain for €170M

Uncategorized AXA is redoubling its commitment to Spanish real estate. Two weeks after formalising the purchase of the largest portfolio of student halls in Spain, through a joint venture with CBRE, for which it paid Resa €0.5 billion, the investment arm of the insurance company...
Dec 22, 2017

Mandarin Oriental Mayfair to Open 2021 in London

Uncategorized Mandarin Oriental Hotel Group has announced that it will manage a new luxury hotel and branded residences on Hanover Square in the heart of London’s Mayfair district. The project is expected to open in 2021. Mandarin Oriental Hyde Park Mandarin Oriental Hotel...
Dec 21, 2017

Telefónica Negotiates Sale of HQ in Gijón for €12M

Uncategorized Telefónica is pushing ahead with its real estate divestment strategy. The Spanish telecommunications company is currently finalising the sale of the copper network centre that it owns in the shopping district of Gijón, for which it expects to receive around €12...
Dec 19, 2017

The Ruggieri Family Acquires a Hotel in Mallorca for €70M

Uncategorized The Ruggieri family is continuing to back Spain. A month after announcing the stock market debut of its Socimi Elaia Investment Spain (EIS), which has been trading on the Alternative Investment Market (MAB) since 2 November, the French family has acquired a hotel in...
Dec 09, 2017