Barclays is forecasting good and bad news for the real estate sector and the Spanish economy in general. “Everything is going to revolve around the rising unemployment rate”, is the phrase that the bank is using to sum up the prospects for companies and markets and the impact on real estate.
On Wednesday, the entity improved the target prices of Colonial and Merlin Properties to 7 euros (from 6.90 euros) and 9 euros (from 8.90 euros), respectively, which it considers to be the reference players for the real estate sector on the stock market.
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