Tuesday, September 29, 2020
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Spain’s Main Construction Firms Create an Association to Raise Madrid’s Global Profile

FCC, Sacyr, Acciona and other construction and engineering companies have created the 'Madrid Association: World Capital of Construction, Engineering and Architecture’, which will make its public debut within the next few days.

With the incorporation of ACS and Ferrovial imminent but still pending, the objective of the firms joining of forces is to turn the city of Madrid into a destination for billions of euros worth of foreign investments, a venue for sector conferences trade fairs, and the worldwide leader for training through agreements with Madrid’s universities, according to Ok Diario.

The Association, which, in addition to FCC, Sacyr and Acciona, includes Constructora San José, Oficemen, Asprima, Tecniberia and the law firm Cremades & Calvo Sotelo, together with Madrid City Council and the Community of Madrid, ICEX and ICO -up to 32 companies, employers and organisations in total -, has one main objective: “to position Madrid as the world capital of the sector, which will result in the generation of employment by attracting and retaining talent, the internationalisation of Spanish companies and a firm commitment to research”.

Read the full article in Spanish.


The Details of the 102 Residential Plots Being Sold by the Community of Madrid

The regional government is going to put 240 publicly owned plots up for sale, of which 102 are for residential use. The jewel in the crown is a plot spanning more than 32,000 m2 in the heart of the Salamanca district.

How Covid is Affecting House Prices: Map of the Decreases by District

The coronavirus crisis is causing house price decreases of up to 70% in some municipalities in Castilla La-Mancha, the Community of Valencia and Andalucía.

Property Developers Launch Large Urbanisations Post-Pandemic

Between April and August, work began on 996 developments in Spain with the ten largest comprising 1,691 homes. Of those ten, which are located in Madrid, the Basque Country, the Community of Valencia and Andalucía, four are being built by Amenabar.

Fearless Despite the Crisis: Property Developers Start Work on More than 27,000 New Homes Since April

Between April and August, work began on a total of 996 developments and 27,882 homes in Spain, according to data from the real estate big data platform Brains RE, with Amenabar, Habitat and Aedas the most active players.

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