Wednesday, April 14, 2021

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Holiday Rentals to Recover by Mid-2022, According to COAPI

During the pandemic, many holiday rentals switched to traditional rentals to maintain the profitability of their properties.
Richard D K Turner -

Taylor Wimpey Launches Two New Developments on the Spanish Coast

Taylor Wimpey España is launching two new development, Port Blau in Mallorca and Essential in Jávea, increasing its supply of homes on the Mediterranean coast.
Richard D K Turner -

Real Estate Investment Falls by 61% to €1.6 Billion in the Year to March

The restrictions and the slow progress of the vaccination campaigns have led to a significant drop in real estate purchases compared to the record first quarter of 2020, according to CBRE.
Richard D K Turner -

Spanish Govt Sets Aside €6.82 Billion in European Funding for Housing and Urban Regeneration

Pedro Sánchez unveiled the details of the Recovery, Transformation and Resilience Plan, which includes an allocation of 6.82 billion euros for hou...
Richard D K Turner -
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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.
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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.
Carmel Drake -
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