The companies, through the joint venture they created in 2017, will put up for sale a portfolio of assets with a combined gross leasable area of more than 800,000 square metres.
The cost of purchase time and very late registrations in the case of the sale of new homes; asking prices versus actual sales prices in the case of second-hand homes, and, in particular, unemployment, distort the calculations. The fall in appraisal prices is already giving clues.
The opening of the Torre Outlet Zaragoza will result in the creation of 1,000 direct and 8,000 indirect jobs.
Investment funds and real estate companies alike are strongly backing the 'build to rent' segment. Aedas Homes is going to launch more than 1,500 homes for rent; AXA IM is acquiring 919 units; whilst Primonial and Grupo Lar are going to invest 400 million euros to develop 5,000 homes.
Gonzalo Gortázar will be the CEO of the new entity and José Ignacio Goirigolzarri will be the Executive President.
The Socimi has integrated 330,000 m2 of office space that it owns in the north of Madrid into a hub that will offer new approaches to transport and services.
The increase is equivalent to 50% of the current share capital and would likely take place over a five-year period.
The entity forecasts an increase in investment in housing during the second half of the year associated with the progressive normalisation of the figures for house sales and new build starts.
The property comprises nine exclusively-designed standard, superior and duplex apartments in the Be Mate division, including an impressive 114 square metre penthouse.
It fought off competition from the property developer Aedas Homes, with an offer of 12 million euros for the plot, which is located between Julián Camarillo and Avenida de Canillejas-Vicálvaro, in the Spanish capital.
A total of 3.01 million people in Spain are working from home on a regular basis, which means that the figure registered in 2019 has increased by 3.2x, according to Randstad.
The appraisal value of private housing fell by 1.7% to 1,610 euros per square metre in the second quarter, the first drop since the first quarter of 2015, according to Mitma.
The company has obtained initial approval for the modification of the Special Plan to transform the building from residential to commercial use.
The Socimi led by Pere Viñolas plans to acquire a maximum of three million shares, which represent 0.59% of the company's current share capital.
The fund manager has acquired two office buildings located in the Julián Camarillo area of Madrid, with a combined surface area of more than 13,000 square metres, for 35.5 million euros.
Cinven, EQT and Canada Pension Plan Investment (CPPI) have decided to contribute €430 million to the Spanish company, which they acquired in 2016.
The entity has created the company Deva Capital as a vehicle to explore the purchase of damaged assets from financial institutions around the world, according to various financial sources consulted by the newspaper Expansión. Investment banking sources stress that Santander's subsidiary in Brazil already acquires these types of assets from the banks through its real estate servicer.
Population Density is Not an Enemy in the Fight Against Coronavirus: Here is the Evidence from China and Spain
In regions such as Soria, Segovia, La Rioja and Albacete, the number of people infected by coronavirus per 100,000 inhabitants exceeds one thousand, which is higher than the rates in other areas where the population density is higher such as Madrid and Valencia.
The fund specialising in the purchase and subsequent rental of assets has signed an agreement with Mercadona to acquire the 36 supermarkets that the retailer has on the market.
Axa's real estate manager has starred in the largest turnkey operation involving rental homes in Spain to date.
FC Barcelona player Leo Messi has purchased the Himalaya Hotel through his hotel company MiM. It is a four-star hotel establishment, located in Baqueira.
The engineering company has sold its headquarters in Bilbao and Madrid to Catalana Occidente and the Grosvenor Group for €90 million.
The coronavirus crisis is causing house price decreases of up to 70% in some municipalities in Castilla La-Mancha, the Community of Valencia and Andalucía.
Between April and August, work began on 996 developments in Spain with the ten largest comprising 1,691 homes. Of those ten, which are located in Madrid, the Basque Country, the Community of Valencia and Andalucía, four are being built by Amenabar.
Fearless Despite the Crisis: Property Developers Start Work on More than 27,000 New Homes Since April
Between April and August, work began on a total of 996 developments and 27,882 homes in Spain, according to data from the real estate big data platform Brains RE, with Amenabar, Habitat and Aedas the most active players.
Moncloa and Chamberí overtake the neighbourhood of Salamanca as the districts with the most expensive new build homes in the capital, whilst in Moratalaz there are no new build homes on the market.