REITs

Blackstone Places 700 Homes on the Market

Its socimi Testa has mandated JLL with the sale, which could place them on the market for just over €180 million.

Meridia Sells €85 Million in Logistics Assets and Offices

Meridia Capital’s Juan Barba assured that the divestment would generate “significant returns for our investors.”

Merlin to Invest €100 Million in Its Barcelona Data Centre

The socimi Merlin Properties plans to invest €100 million to build its first data centre in Barcelona, according to Expansión. To do so, it has completed an alliance with Edged Energy, a subsidiary of the US-technology company Endeavour. Construction will begin in early 2022, and the first part will be ready in a year.

Student Properties Expands Its Portfolio Amid Buyout Process

SPS has incorporated the two companies that own a residence in Málaga and another in Sevilla in exchange for 14 million shares.