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Richard D K Turner
The restrictions and the slow progress of the vaccination campaigns have led to a significant drop in real estate purchases compared to the record first quarter of 2020, according to CBRE.
Pedro Sánchez unveiled the details of the Recovery, Transformation and Resilience Plan, which includes an allocation of 6.82 billion euros for hou...
LandCo, Aliseda, Servihabitat and Altamira have reached the final stage of a tender organised by Sareb to outsource the management of a large land portfolio.
Madrid City Council has decided to auction several publicly-owned plots of land in one of the city's key logistics areas.
The demand for houses in Madrid following the coronavirus pandemic reduced supply by 28% in 2020, with interest concentrated on the city’s periphery. However, Moncloa-Aravaca still has the most detached properties for sale in the capital, according to Brainsre.
According to Brainsre, buying a property to let is currently yielding a gross profit of 4.6% in Madrid and 4.1% in Barcelona, the lowest value in the last five years.
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.
Brainsre.news interviews five experts in the sector to find out what the effects of the pandemic have been, how investment will evolve, which assets are best positioned and what will happen if there is another outbreak.