Friday, August 19, 2022

laboratory

The Supply of Rental Housing in Madrid and Barcelona Soars to Record Figures

Last week, the supply of rental homes reached an annual maximum, with almost 48,000 homes on the market in each of the country's two largest cities.
Carmel Drake -

Montebalito Records Losses of €1.8 Million in the First Quarter

The listed company recorded losses amounting to €1.8 million during the first quarter of the year.
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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