Wednesday, September 22, 2021

Office

Conren Tranway Acquires Land to Build Office Building in 22@

The developer has finalised its acquisition of land in Barcelona’s 22@, where it will build a 9,000 m2 office building.
Richard D K Turner -

The Spanish Real Estate Market in August 2021

The eighth month 2021, saw fewer new developments than in July, although there were significant transactions, especially in the Barcelona office market.
Richard D K Turner -

First Workplaces to Open New Coworking Centre in Barcelona

The coworking company will open a new 1,400-m² space in Barcelona's Torre Realia next October.
Richard D K Turner -

Madrid Nuevo Norte Powers Transformation of Chamartín

The district has one of the highest average house prices in the municipality of Madrid, above €4,700/m2 by the end of 2020, according to CBRE.
Richard D K Turner -
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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 -

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

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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