Wednesday, July 6, 2022

Ind. & Logistics

Segro and PSP Bidding for the Logistics Land at Barajas Airport

We’ve reached the final stretch in the bidding to acquire land for one of the largest logistics developments in Spain: the Madrid City Airport. T...
Richard D K Turner -

Prologis to Build a New Logistics Building for Alcampo

This new development, which spans 30,000 square meters, is located in Prologis Park San Fernando and is expected to be completed during the third quarter of 2023.
Carmel Drake -

VGP Leases All of its Logistics Parks in Madrid and Acquires New Land

The Belgian group has acquired 50,576 square metres of land in El Bañuelo to build VGP Park Fuenlabrada II.
Carmel Drake -

Thor Equities Group and Arnaiz Invest €40 million in Three Industrial Buildings in Madrid

The assets are three turnkey projects on three plots located in the "last mile" of Madrid, specifically in the municipalities of Pinto and Torrejón de Ardoz.
Carmel Drake -
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NPL & REO

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 -

Res. Rental

Residential Rental Prices Have Risen by 4.14% in Barcelona over the Last Year

The average price of rental housing in Barcelona reached 17.6 euros per square metre in the first quarter of 2020, well above the Spanish average of 10.2 euros per square metre.
Carmel Drake -
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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