Friday, March 5, 2021

REITs

The Socimis Are Trading At A 40% Discount Compared to Their Asset Value, According to CBRE

Coronavirus has resulted in a loss in value of 8% for retail portfolios and 2% for offices, according to the consulting firm CBRE.

UBS Negotiates the Purchase of Trajano’s Logistics Portfolio

The Socimi Trajano Iberia, one of the most important on the former MAB with a market capitalisation of more than 100 million euros, is negotiating with one of UBS's real estate funds regarding the sale of its logistics portfolio, which comprises several properties and spans a GLA of more than 70,000 m2.

The 10 Largest Real Estate Firms – Who Were the Winners and Losers in 2020?

The large property developers and listed Socimis registered joint losses of more than 200 million euros in 2020, compared to gains of 1.633 billion euros in 2019, mainly due to a fall in the value of their real estate assets.

Árima’s Profits Fell by 15% in 2020 But its Revenues Rose

The Socimi specialising in tertiary assets did not register any defaulted payments, it increased its income from rentals and it saw its assets appreciate in value; moreover, it does not rule out making new purchases.
- Advertisement -

B-Exclusives

New Build Home Prices in Madrid Grew by 11% in 2020

The average ticket for new build homes continues to exceed and stand out compared to that for second-hand homes, something that has not happened since Q319, according to data from the Brains Re platform.

Who Are the Construction Kings in the Balearic Islands?

Ten of the major real estate companies, including Taylor Wimpey, Metrovacesa, Aedas and Vía Célere, are going to deliver nearly half of the almost 2,500 homes that are scheduled for completion on the islands this year, according to Brainsre.

The Lowdown on the Decrease in Rental Prices in Madrid Post-Covid

The price of rental homes in Madrid has decreased for the third consecutive quarter, although the average asking price still exceeds 1,200 euros per month, according to Brainsre.

Ranking of Property Developers in Barcelona By Number of New Homes They Plan to Complete

Five property developers lead the new-build residential market in Barcelona and neighbouring towns, according to the big data platform Brainsre.

Top News

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.

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.

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.

The Impact of Coronavirus on the Spanish Real Estate Market, According to the Experts

Brainsre.news interviews five experts in the sector to find out what the effects of the pandemic have been, how investment will evolve, which assets are best positioned and what will happen if there is another outbreak.

RecommendedRelated
by the editor

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.

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.

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.