Wednesday, February 8, 2023

Residential

Spain is the 4th Most Attractive European Country for Investment in 2023

Madrid and Barcelona occupy fifth and sixth places in the ranking of the 10 most attractive European cities to invest in, according to data from CBRE.
Carmel Drake -

The Surface Area Approved for Construction Stagnated in 2022

The surface area approved for renovations and new construction in Spain amounted to 33.33 million square metres in 2022, which represents a decrease of 2% compared to 2021.
Carmel Drake -

Culmia, Avintia, Pecsa & Vía Ágora Are Awarded The Rights to Build 2,000+ BTR Homes in Madrid

The homes will be located in the districts of Arganzuela, Carabanchel, Ciudad Lineal, Fuencarral-El Pardo, Hortaleza, Latina, Moncloa-Aravaca, Retiro, San Blas-Canillejas, Usera and Villaverde.
Carmel Drake -

Home Boutique Expects to Increase its Turnover by 20% in 2023

The luxury real estate consultancy Home Boutique closed the last financial year (2022) with a 19% increase in revenues.
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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