The largest of these real estate companies multiplied their assets fourfold since their first major acquisitions in 2015.
The Mahou-Calderón project is pushing ahead. Tomorrow (Thursday), the Town Hall of Madrid is going to approve the urban development plan for the land, one of the most sought-after plots in the Spanish capital.
El Corte Inglés is selling off assets to alleviate its debt. The department store group is negotiating the rating for its bond issue on the capital markets in an effort to reduce its dependency on the banks.
Primark is finally entering the centre of Barcelona. The low-cost fashion company is going to open a flagship store at number 23 Plaza Cataluña.
A new commercial space is available for rent in the centre of Barcelona. Massimo Dutti, one of the chains in the Inditex group, closed the doors to its establishment at number 60 Rambla Catalunya.
The building where Capgemini is going to move more than 800 of its employees has been constructed by the real estate group GMP and designed by the architect Rafael de la Hoz.
AccorHotels Group and Singapore-based developer EL Development will open a new-build Pullman in the city center of Singapore.
The Pestana Group began construction on the Pestana Douro Hotel in Gondomar, designed by David Sinclair, an architect who has been working with the Madeiran group for many years.
W Hotels Worldwide is set to re-enter Australia with the signing of the W Sydney.
The Community of Madrid’s Ministry of the Economy, Employment and Finance has decided to move some of its teams to the Prado Urban Business Park.