Tuesday, March 21, 2023

Office

Emesa y Sacresa reactivan Finestrelles con una inversión de 270 millones, en Esplugues de Llobregat (Barcelona)

Emesa & Sacresa Reactivate Finestrelles, in Esplugues de Llobregat, with an Investment Amounting to €270 Million

The property developer Sacresa and the company Emesa are going to build new offices, hotels and other facilities spanning more than 90,000 m2 in the Barcelona municipality.
Carmel Drake -
Emesa y Sacresa reactivan Finestrelles con una inversión de 270 millones, en Esplugues de Llobregat (Barcelona)

The Valuations of Assets in the Logistics, Living, Commercial & Office Sectors Fell in 2022

"The correction in asset valuations was especially pronounced during the second half of the year," according to Fernando Fuente, from CBRE.
Carmel Drake -

Diglo Sells 120 Properties in Pamplona & Segovia for €29.7 Million

The servicer Diglo owns a portfolio of assets under management worth more than 5 billion euros divided between problem assets and real estate.
Carmel Drake -

Zurich Sells 3 Office Buildings in the Centre of Barcelona

The Swiss company Zurich has completed the sale of three office buildings in Barcelona spanning a total surface area of 12,000 square metres.
Carmel Drake -
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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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