Spain tops the list of European countries with the most LEED and BREEAM certified buildings, boosted by the offices of the large Socimis such as Merlin, Colonial and GMP.
The Núñez i Navarro Group has invested 14 million euros in the refurbishment of two buildings on Paseo de Gracia to develop 20 luxury apartments for rent.
The Socimi has sold the rest of the logistics assets included in the agreement signed in 2019 with the US firm. Prologis will disburse 164 million for the seven developments, which together span 159,000 square metres.
The boom in working from home and the closure of large retail stores caused the Socimis and developers to worry about how the pandemic would affect their businesses. However, the start of the new normal is proving to be better than expected.
Investment in retail will amount to between €1.5 billion and €2.0 billion this year despite Covid-19, whereby doubling the figure achieved in 2019, according to Savills Aguirre Newman.
The building work will be awarded a Breeam Very Good certification and the project will enjoy the highest standards of energy efficiency and sustainability.
The total investment will amount to 84 million euros and will include the construction of 3 residential towers. All of the homes will be for rent.
The City Council has put 21 plots of land on the market for the construction of hotels under the slogan "Málaga: better than ever", with the aim of generating employment and wealth.
In May, as the lockdown measures began to ease, house sales and mortgage signings recorded year-on-year decreases despite rising prices, according to the notaries.
Habitatge Metròpolis Barcelona has put out for tender the construction of 4,500 homes in the metropolitan area of Barcelona with a value of 159.6 million euros.
UCI, Ibercaja and Sabadell Sign an Agreement with the Town Hall of Madrid to Finance Home Renovations
Financial institutions will grant loans of between 20,000 to 500,000 euros over ten years to finance the cost of building renovations.
Barcelona's municipal government has signed a pact with the ERC group to boost the 22@ technology district by modifying the General Metropolitan Plan (PGM).
The BNP Paribas Real Estate firm has appointed Borja Ortega as its new CEO in Spain and he is expected to take up his new position soon.
Mercadona Puts Two New Portfolios of Supermarkets on the Market Following the Success of the First One
Juan Roig's supermarket chain is looking for a buyer for 38 establishments for which it could receive up to 200 million euros.
The German fund manager has acquired a 15,000-square-metre office building in the Arganzuela district of the capital for €45 million.
Royal I.S. AG has acquired a building comprising offices and commercial premises located on Las Ramblas, 124, in the centre of Barcelona from KKH Property.
The fund has started work on two rental home developments in the Madrilenian municipalities of Alcalá de Henares and Valdemoro, both promoted by Locare.
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.
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 company has purchased 85,000 square metres of land from the company Big Blue for around €20 million and plans to invest €60 million in the project in total.
Goodman Acquires a 37,000 m2 Logistics Plot in Barcelona and Builds a New Centre for Seur in Illescas
Goodman has acquired a logistics plot spanning 37,000 m2 in Barcelona and is developing a new centre for Seur in Illescas.
The average home cost 295,927 euros in the Spanish capital at the end of March, compared to 165,280 euros on average in Spain.
The map prepared by Brains RE using data from the Ministry of Development's index reveals the rental prices in each municipality in Spain; and they vary quite a lot compared to other indicators.
Homes sold during the first quarter of 2020 registered the highest prices seen in the last eight years, with an average of 1,747 euros per square metre; four autonomous regions accounted for 70% of the total sales volume.