Saturday, February 4, 2023

Ind. & Logistics

Inbisa Increased its Turnover by 5% in 2022 to €100 Million

Inbisa closed last year with the delivery of 235 homes across two developments in Madrid and with more than 1,000 units in its portfolio in Spain.
Carmel Drake -

Montepino Invests €50 Million in the Construction of its First Logistics Complex in Zaragoza

This project from Montepino, which is going to comprise several logistics buildings, will be developed on a plot of land measuring 150,000 m2.
Carmel Drake -

Clarion Partners Europe Buys a Plot Spanning 18,000 m2 to Develop a Warehouse in Barcelona

Clarion Partners Europe plans to develop a 12,000-square-metre warehouse on the land for a single tenant.
Carmel Drake -
Azora Logístico

Azora Strengthens its Position in the Logistics Sector with its 2 Investment Vehicles: 8 Operations & €100 Million Invested Since 2021

Azora created two logistics investment vehicles in 2021: MilePro Last Mile Logistics and PGIM Real Estate Last Mile. Since then, the group has closed eight operations.
Carmel Drake -
Azora Logístico
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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 -

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 -
English

Brookfield Acquires Four Selenta Hotels for €440 Million

The Canadian fund acquired 100% of the Selenta hotel chain management group and four of the group's five establishments.
Richard D K Turner -
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