Coronavirus
Residential
House Sales Will Grow by 13% in 2021, According to Servihabitat
In 2020, the price of housing increased by 1.9% in Spain and this year, growth of 0.5% is forecast. Meanwhile, sales, which fell by 26.8% last year, are expected to increase by 12.8% in 2021.
Companies
Insur’s Profits Rose by 138% to €21 Million in 2020
The property developer controlled by the Pumar family increased its turnover by 8.2% to 132.8 million euros in 2020 and achieved a profit of 21.1 million euros.
Coronavirus
Merlin Evaluates the Sale of Four of its Shopping Centres
The Socimi is considering selling four of its fifteen shopping centres because it believes that store vacancies may increase this year.
Companies
The 10 Largest Real Estate Firms – Who Were the Winners and Losers in 2020?
The large property developers and listed Socimis registered joint losses of more than 200 million euros in 2020, compared to gains of 1.633 billion euros in 2019, mainly due to a fall in the value of their real estate assets.
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B-Exclusives
New Build Home Prices in Madrid Grew by 11% in 2020
The average ticket for new build homes continues to exceed and stand out compared to that for second-hand homes, something that has not happened since Q319, according to data from the Brains Re platform.
Who Are the Construction Kings in the Balearic Islands?
Ten of the major real estate companies, including Taylor Wimpey, Metrovacesa, Aedas and Vía Célere, are going to deliver nearly half of the almost 2,500 homes that are scheduled for completion on the islands this year, according to Brainsre.
The Lowdown on the Decrease in Rental Prices in Madrid Post-Covid
The price of rental homes in Madrid has decreased for the third consecutive quarter, although the average asking price still exceeds 1,200 euros per month, according to Brainsre.
Ranking of Property Developers in Barcelona By Number of New Homes They Plan to Complete
Five property developers lead the new-build residential market in Barcelona and neighbouring towns, according to the big data platform Brainsre.
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.