Retail
Retail
Record Investment in Supermarkets in Spain: Exceeds €640 Million
Investment in supermarkets in Spain will reach 640 million euros in 2020, up by 460 million euros compared to 2019. Mercadona, Carrefour and Sagax have closed the most important operations.
Companies
Investment Will Not Recover to its Pre-Pandemic Levels Until 2023, According to Savills IM
The firm's Outlook for 2021 report identifies 'solid' long-term opportunities in Spain in the logistics, food-based retail and office sectors, as well as in the build to rent segment.
Transactions
Áreas Acquires All of Autogrill’s Premises in Spain
The Spanish operator has acquired 60 restaurants and shops from the Italian firm in Spain, which has 1,000 employees.
Retail
Merlin Could Receive €1.7 Billion if BBVA Closes the 700 Branches that it Leases from the Socimi
The financial entity is the Socimi's most important tenant, paying around 79 million euros per year for the rental of almost 700 branches, whose lease agreements are not due to expire until 2040.
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B-Exclusives
Rental Prices Fall by More Than 12% in Madrid and Barcelona, According to Brainsre
The coronavirus crisis is extending the time it takes for landlords to rent their homes in large Spanish capitals, with larger homes suffering a greater impact.
Madrid’s Salamanca Neighbourhood Resists Covid With No Price Decreases
The prices of commercial premises and homes for sale in the prestigious Madrid neighbourhood have remained stable; whilst the price of residential rental properties fell by 5% in the third quarter.
The Prices of New Homes Resist Covid and Continue to Rise
New build apartments in the Balearic Islands cost more than 580,000 euros on average; meanwhile, in Madrid, they cost 412,000 euros and in Castilla La-Mancha you can buy one for 122,147 euros.
The 22@ District, the Epicentre of Barcelona’s Real Estate Market
22@ is one of the most sought-after areas in Barcelona: large developers are building new residential projects and the district has the second highest prices for leasing office space in the city.
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.
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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.