Friday, July 1, 2022

Residential

New Build-to-Rent Joint Venture: Otero and Iberian Yield to Develop 1,000 Homes in Málaga

For the time being, they have already invested 21 million euros in the acquisition of two plots of land in the coastal city. Build-to-rent is ...
Richard D K Turner -

Kronos Homes Will Deliver 1,000 Homes in 2022 & Will Continue Buying Land

The property developer expects to double its deliveries and improve its sales with respect to last year's figures.
Carmel Drake -

The Auction Resumes for the ARPO Plot to Build 167 Homes

The plot in question is VPP-2a of the UZ 2.4-03 sector located in Pozuelo de Alarcón (Madrid) for which planning permission has been granted to promote limited-price social housing.
Carmel Drake -

Valencia, Madrid & Barcelona Amongst the Most Profitable Cities in Europe for Renting Out a Home

According to a study of the European market carried out by Masteos, Valencia is the most profitable city for residential rental assets together with Warsaw.
Carmel Drake -
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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 -

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 -
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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