Friday, October 23, 2020
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Shopping Centres Face Almost One Hundred Claims to Extend Their Moratoriums

83 tenants, grouped together under the Platform for People Affected by Covid-19 (PAC), want to take to court the owners of retail complexes, such as Merlin, Unibail, Castellana Properties and Klépierre, amongst others.

Small and medium-sized operators have been one of the groups most affected by the economic crisis in which the world is immersed as a result of coronavirus. In April, in Spain, this group asked the owners of shopping centres to share the impact of the pandemic with a reduction of up to 50% in rents until the first quarter of 2021.

Since then, most of the owners of these establishments have agreed to their tenants’ demands with some reductions in rents and even rent waivers during the State of Emergency. However, as uncertainty continues to prevail and with future lockdowns forecast, some operators now consider that these agreements are not enough.

Read the full article in Spanish.


The Aging Spanish Population: a Gold Mine for the Real Estate Sector

By 2050, 31.4% of the population in Spain will be aged over 64 years due to aging and a longer life expectancy. The supply of nursing homes for the elderly will need to double its capacity to keep pace.

The Housing Market and the Spanish Population: Where Will We Need Houses in 2035?

According to data from INE, over the next 15 years, Spain will gain 954,497 inhabitants, which will represent a population increase of 2%, with decreases in 9 autonomous regions and increases in 8 and a significant impact in terms of the foreign population in Spain.

The Yields on Housing Spark Investor Interest in Madrid and Barcelona

The growing phenomenon that is rental and the scarcity of other attractive investment alternatives are causing a boom in home purchases for investment purposes in Madrid and Barcelona, with varying returns depending on the district.

Residential Yields Reach 7% at the Height of the Pandemic

Investment in housing is gaining ground over other assets, such as the stock market and other equity products, with returns of between 7% and 8% in several Spanish provinces.

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