Friday, July 1, 2022

New Development

SEPES Sells Two Residential Plots of Land in Madrid for 9.6 Million Euros

Both plots have a total of 36,914 square metres and will allow for the development of 297 subsidised homes. The public land agency SEPES has f...
Richard D K Turner -

Kronos Homes Will Deliver 1,000 Homes in 2022 & Will Continue Buying Land

The property developer expects to double its deliveries and improve its sales with respect to last year's figures.
Carmel Drake -

Insur Invests €39 million in the Development of an Office Building in Madrid

The new smart office building will have a gross leasable area of 9,000 square meters.
Carmel Drake -

Sierra Blanca to Invest €250 Million in a Luxury Project in Marbella

The firm is going to develop a residential and hotel complex named Marbella Design Hills, which will be located on Marbella's Golden Mile.
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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