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Blackstone Forgoes Fidere’s Dividend to Offset Loans

One of the rental home Socimi's shareholder funds has requested the payment in kind of the dividend for financial year 2019, through the offset of loans.

Testa will not Distribute a Dividend after Approving a Negative Result of €29 Million

The Socimi has approved the application of a negative result amounting to 29.3 million euros for 2019 to negative results from previous years, at the proposal of the Board of Directors.

INE Confirms the Historical Decline in GDP of -5.2% in Q1 Due to Covid-19

The National Institute of Statistics (INE) has confirmed that GDP contracted by 5.2% during the first quarter of the year compared to the previous quarter as a result of Covid-19, an unprecedented drop.

GMP Plans to Buy More Properties After Covid

GMP Property, the company owned by the Montoro family, points to its strong cash position to explain its desire to buy assets over the coming months following the sale of the jewel in its crown, the Castellana Norte business park.