Thursday, May 13, 2021

Residential

Sierra Blanca Sells 70% Of Its Luxury Homes in Marbella, Earning €65 Million in 3 Months

The developer Sierra Blanca Estates has pre-sold 70% of the units in phase 2 of Epic, its prime project on Marbella's golden mile.
Richard D K Turner -

Demand Strong in Mallorca’s Premium Property Market, Says Engel & Völkers

The real estate agency ended 2020 with sales of €410 million, down slightly from 2019 (€470 million), mainly due to the lockdown.
Richard D K Turner -

Aedas Developing Projects Worth €500MM in Catalonia

The developer is working on 34 developments with a total of 1,970 homes in different municipalities in Barcelona and Tarragona, of which it has delivered 11 with 630 properties.
Richard D K Turner -

Valuation of Office and Retail Assets Continues to Fall, According to CBRE

On the other hand, the valuation of logistics assets rose by 1.14% in the first nine months of the year, while residential rental assets increased by 1.03%, consolidating their position as safe-havens.
Richard D K Turner -
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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 -
Actualidad

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.
Carmel Drake -
Companies

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 -
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