Tuesday, October 27, 2020

Edición:actualidad-foto-en

Two Luxury Hotels Go Up For Sale in Madrid and Barcelona

The fall in tourism in Spain has caused the owners of the Hotel Único in Madrid and the Fairmont Rey Juan Carlos in Barcelona to put those properties up for sale.

Santander Creates a New Real Estate Servicer for Non-Performing Assets

The bank chaired by Ana Botín has launched a non-performing asset management platform (for NPLs and foreclosed homes) that will also render services to third parties.

Alquiler Seguro AM Undertakes a Capital Increase as its Business Booms

The company controlled by the Enacom group has completed a capital increase worth 673,990 euros, after closing 2019 with negative equity.

Hotel Owners in Ibiza Put 30 of Their Properties Up For Sale, Including Several 5-Star Establishments

Around thirty aparthotels, hostels and hotels with three- to five-star ratings located on the Balearic Island are currently up for sale on various real estate portals.
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Latest News

Which is the Most Dynamic Neighbourhood in Madrid Post Covid?

Tetuán has become one of the most sought-after neighbourhoods in Madrid capital, thanks to its competitive prices and the emergence of new projects. However, coronavirus is weighing down on the market, especially when it comes to rental properties.

Property Developers Expect to Handover 20,500 New Homes Before 2021

In the three remaining months of the year, property developers expect to finish 20,551 homes in Spain, distributed across 1,061 developments, several of which will comprise hundreds of units.

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.

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The Qatarí Group Al Alfia Acquires Shares in Urbas in Exchange for a 51% Stake in Ecisa

The Qatari group, which owns the Alicante-based construction company Ecisa, has given up half of its stake in exchange for shares in the listed real estate company.

Santander Plans to Invest €1 Billion in NPLs

The bank is planning to enter the market for non-performing loans as a buyer and is looking to invest €1 billion in the doubtful credit market.

Sabadell and Chenavari Receive Offers For Their Portfolios With Discounts of Up To 50%

The sale of the first two portfolios post-Covid in Spain reflects the fears of the international funds, which are making offers with average discounts of 20%.

Major Investment Funds Slow Down Their Investments in Spain, Halting Ongoing Transactions

International investment firms such as Fortress, Bain Capital and Bayview are opting to look for potential investments in southern European markets outside of Spain, putting operations such as the sale of NPL's in Santander and Sabadell on hold.