Home Companies IBA Capital i...

IBA Capital is Preparing to Invest €200 Million in Offices, Retail and Logistics Assets

The fund, which invests the French Castel family's capital in Spain and manages the Socimi Zambal, is negotiating the purchase of the Glóries office complex in Barcelona along with other operations.

Thierry Julienne (left) and Jesús Valderrama, co-founders and co-Presidents of the investment vehicle. .

IBA Capital Partners is turning into one of the most important players in the market, at a time of great liquidity, and with the transformation of the office market, where it is one of the major specialists.

The firm is currently finalising the renovation of a unique multi-tenant office building (Nodo) in the Barajas district of Madrid and is negotiating with Blackstone to make its debut in Barcelona with the purchase of a portfolio of 3 properties, as confirmed by the fund itself a few days ago.

Read the full article in Spanish.

B-Exclusives

Increased Demand for Houses in Madrid Leaves Supply at Six-Year Low

The demand for houses in Madrid following the coronavirus pandemic reduced supply by 28% in 2020, with interest concentrated on the city’s periphery. However, Moncloa-Aravaca still has the most detached properties for sale in the capital, according to Brainsre.

Where are the Highest Housing Yields in Madrid and Barcelona?

According to Brainsre, buying a property to let is currently yielding a gross profit of 4.6% in Madrid and 4.1% in Barcelona, the lowest value in the last five years.

A Snapshot of the Spanish Residential Market

Between March and December, the supply of single-family homes fell by 12%, falling twice as quickly as that for flats, due to a sharp increase in demand, according to Brainsre.

Latest news

Crisis Fails to Halt Sales of Commercial Assets: €1.9 billion on the Market

The Covid-19 pandemic led to a decline in investment in retail assets, with a total volume of €2.3 billion, a figure similar to that expected in 2021, according to EY.

Value Retail Invests €50 Million to Renovate Outlet in Barcelona

The remodelling of the Village involved direct investments of €50 million and indirect investments of €7 million, generating up to 170 new jobs.

Aedas Invested €132 Million in Land Last Year

Over the last fiscal year, Aedas, a developer controlled by Castlelake, invested 132 million euros in acquiring land, where it will be able to build up to 1,945 homes.

RLH Opens Rosewood Villa Magna This Year, Invests $110 Million in its Portfolio

The company has set aside 110 million euros to renovate three hotels in its portfolio, including the one located in Madrid.