Thursday, May 13, 2021

Alternative Assets

Safestore Ups Investment in Storage Rooms through Acquisition of Four Assets in Madrid and Barcelona

The company arrived in Spain in 2019, when it acquired Oh My Box for 17.25 million euros.
Richard D K Turner -

Ranking Of Real Estate Brokerages in 2020

A dozen Spanish and international real estate brokerages, together with some of the 'Big Four' companies, accounted for the lion’s share of sales finalised in 2020 in Spain.
Richard D K Turner -

Merlin Partners With Endeavour to Build 4 Data Centres

The companies will work together to develop a network of data centres on land owned by Merlin in Madrid, Bilbao, Barcelona and Lisbon.
Richard D K Turner -

The Price of Parking Spaces in Spain Falls by 29% in Five Years, According to Fotocasa

In 2020, buyers paid 8.4% less for a parking space in Spain than they did in 2019, according to the real estate portal.
Carmel Drake -
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Companies

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.
Carmel Drake -
Actualidad

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.
Carmel Drake -
Companies

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.
Carmel Drake -
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