Thursday, May 13, 2021

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.
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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.
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Spain’s Parking Sector Grows by 3.5% as it Awaits the Impact of the Crisis

Revenues in the parking sector in Spain and Portugal amounted to €1.2 billion in 2019, up by 3.9% YoY, of which €1.1 billion corresponded to the Spanish market, according to DBK.
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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.
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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.
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