Spain’s Newest RE Companies Have Assets Worth €4,900M+

Uncategorized 24 April 2017 – Expansión The Spanish real estate sector is enjoying a new phase of growth following its unprecedented crisis. Whilst over the last two years, we saw the boom of the Socimis, specialising in rental properties, 2017 looks set to become the year that the...
Apr 25, 2017

BBVA: House Sales Will Rise By 7% In 2017

Uncategorized According to BBVA, the recovery in the real estate sector in Spain “is really taking hold”. The entity forecasts a 7% increase in property sales in 2017 and that investment in homes will grow by 3.2% during the same period. Meanwhile, it predicts that house prices...
Apr 11, 2017

Mapfre Sells Office In Madrid To GMP For €72M

Uncategorized   Yesterday, Mapfre agreed to sell an office building in Madrid to the real estate group GMP for €72 million. GMP will completely refurbish the property from 2018, according to a joint statement issued by the two companies. The building, located on Calle Manuel...
Apr 08, 2017

Radisson Wants To Grow In Madrid & Barcelona

Uncategorized   Radisson Blu – the hotel chain belonging to the Carlson Rezidor group, which is itself controlled by the Chinese giant HNA – arrived in Spain in 2009, with the opening of the Radisson Blue Hotel Madrid Prado. Three years later, it opened a resort in Gran Canaria,...
Mar 31, 2017

Quonia Buys Mixed-Use Property In La Barceloneta For €7M

Uncategorized The Socimi party in Spain is still raging. As the undisputed stars of the real estate sector over the last two years, these companies are still fattening up their asset portfolios and valuations through acquisitions. Such is the case of the Catalan firm Quonia, which...
Mar 31, 2017

UK Fund Shaftesbury Buys Plot Of Land In 22@ District

Uncategorized   The UK fund is satisfying its investment appetite in the Spanish market by making acquisitions. In this vein, it has just added a plot of land in the 22@ district of Barcelona to its portfolio of assets. The plot is located at number 66 on Calle Cristóbal de Moura,...
Mar 31, 2017