Alternative Assets
Alternative Assets
Madrid Resumes its Plans for the ‘Ciudad de la Justicia’ with the Tender for an Economic Feasibility Study
The Government of the Community of Madrid wants to concentrate 356 jurisdictional bodies, currently spread over 28 different buildings, into a single judicial space.
Companies
La Generalitat Imposes Conditions on the Purchase of the BCN World Plots
The Catalan Executive has reported that it has agreed to buy the land on which the Hard Rock Entertainment World macro-complex is going to be located, for 120 million euros, if the Hard Rock company agrees to take out some special insurance.
Companies
Investment Will Not Recover to its Pre-Pandemic Levels Until 2023, According to Savills IM
The firm's Outlook for 2021 report identifies 'solid' long-term opportunities in Spain in the logistics, food-based retail and office sectors, as well as in the build to rent segment.
Retail
Tito’s Nightclub in Palma de Mallorca Goes Up For Sale for €16.5 Million
In addition to the well-known nightclub, the Cursach group has put the 800 Grados Steak House and Asadito restaurants up for sale for 6.5 million euros, along with The Club International nightclub, all in Playa de Palma.
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B-Exclusives
Which Are the Areas of Madrid Where Homes Are Sold or Rented the Quickest?
The health crisis is taking its toll on the time it takes to sell or rent a home in the Spanish capital, although some areas are resisting better than others, according to Brainsre.
Rental Properties No Longer “Fly Off the Shelf” in Barcelona as the Time it Takes to Find a Tenant Increases
It now takes 2.2 months on average to rent out an apartment in Barcelona, up from 1.5 months, according to Brainsre, however, the city still has one of the most liquid rental markets in the country.
Special B-Exclusives: How Many Square Metres Did Spaniards Spend the Lockdown in?
Every household in Spain has an average of 42.75 square metres for each inhabitant, with 2.51 people in each home. Ceuta, Melilla, Guipúzcoa and Madrid are the areas with the least space.
The Retail Crisis of 2008 Lasted 5 Years As Store Prices Fell by 33%: How Much Could They Fall During this New Crisis?
The Covid-19 crisis has come at a time when the prices of commercial premises have not yet recovered from the previous recession, the consequences of which lasted for five years.
Top News
Brainsre.news: What Happened in April 2020?
The impact of coronavirus defined the real estate market in April, although operations were actually closed in the commercial and logistics markets and new projects were announced in Madrid and Málaga.
Hotelbeds Receives a €430M Injection from 3 Funds to Head Off the Risk of Bankruptcy
Cinven, EQT and Canada Pension Plan Investment (CPPI) have decided to contribute €430 million to the Spanish company, which they acquired in 2016.
Santander Explores How to Securitise NPLs Through Deva Capital
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.
The Impact of Coronavirus on the Spanish Real Estate Market, According to the Experts
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.
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Hotelbeds Receives a €430M Injection from 3 Funds to Head Off the Risk of Bankruptcy
Cinven, EQT and Canada Pension Plan Investment (CPPI) have decided to contribute €430 million to the Spanish company, which they acquired in 2016.
Brainsre.news: What Happened in April 2020?
The impact of coronavirus defined the real estate market in April, although operations were actually closed in the commercial and logistics markets and new projects were announced in Madrid and Málaga.
Santander Explores How to Securitise NPLs Through Deva Capital
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.