Home English RTVE Looks to...

RTVE Looks to Sell Several Assets for Over 12 Million Euros

The state-owned company RTVE has put almost twenty assets on the market, expecting to earn about 12 million euros.

RTVE has launched a plan to sell several of its real estate assets to respond to the economic crisis it is experiencing. The assets comprise entire buildings, houses and commercial premises.

The publicly-owned corporation expects to earn more than 12 million euros from the sale of these properties. However, market watchers believe that the starting price for some of the properties is too high, which is why it has not been able to sell them in the past. This may lead RTVE to lower the starting price.

The new Board of Directors, headed by José Manuel Pérez Tornero, has now taken up the process of disposing of the 17 properties, all of which are currently unoccupied. The portfolio comprises several commercial premises and offices, with a surface area of more than 7,000 square metres, two plots of land totalling 17,000 m2, entire buildings, houses and a penthouse.

Read the full article in Spanish

B-Exclusives

The Largest Players in Housing Sales and Rentals in Madrid

The big data platform Brainsre has conducted a study to determine the leading real estate brokerage firms that dominate the supply of housing for sale and rent in Madrid and its neighbourhoods.

The Leaders of Spain’s Rental Housing Market

Engel & Volkers, aProperties and Spotahome lead Spain’s rental housing market by volume, according to Brainsre data.

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.

Latest news

Walden Group Buys Half of Campo de Tiro de La Sagra to Build Its Logistics Platform

The French pharmaceutical transport and logistics giant plans to build a 30,000 m2 platform in a deal advised by Grupo Iscar.

Housing Sales Soar 83.7% in March as Prices Adjust by 4.7%

According to the General Council of Notaries, mortality increased by 75.5% year-on-year, a one-off because of the comparison with the beginning of the pandemic in March 2020.

Hotel Crisis Turns Spain into Europe’s Second Largest Investment Market

According to data from Savills Aguirre Newman, Spain was the second-largest hotel investment market in the year to March, with investments of 400 million euros, behind only the United Kingdom, with 746.5 million euros.

Inditex to Close 56 Stores in Spain this Summer

Most of the stores that will close are located in Andalusia, Madrid and Catalonia, while the most affected brands are Oysho, Stradivarius and Zara Home.