Friday, August 6, 2021

Coronavirus

Student Residences to Increase Capacity by 20% by 2023

  Student accommodation is consolidating its position as one of the most resilient real estate assets in the face of the coronavirus. It con...
Richard D K Turner -

Madrid and Barcelona See Drop in Real Estate Investment in Second Quarter

According to a report by real estate consultancy BNP Paribas Real Estate, Madrid and Barcelona closed the second quarter of 2021 with a decrease in real estate investment compared to the first three months of the year.
Richard D K Turner -

Spanish Hotels Report 38% Occupancy in June

Twelve thousand eight hundred seventeen hotels in Spain have reopened since the start of the pandemic, 67% of the total. In June, prices in every category rose except for five-star hotels.
Richard D K Turner -

Construction Industry Returns to Pre-Coronavirus Levels of Activity

The number of homes approved for refurbishment increased by 28.5% compared to the second quarter of 2019.
Richard D K Turner -
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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.
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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.
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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 -
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