Thursday, October 1, 2020

Edición:Andalucía

Burberry Chooses Málaga to Open its Third Outlet in Spain

Across Spain, Burberry operates five establishments, including its own stores and concessions in department stores.

Rental Prices Fall in More than Half of the Districts of Madrid and Barcelona in August

The price of rental housing in Spain rose by 0.1% in August, on average, and increased by 8.6% in interannual terms to reach €10.74/m2, according to data from Fotocasa's Real Estate Index.

Aiga Closes Logistics and Residential Operations Worth €50 Million in the Midst of the Pandemic

Aiga Advisory closed 8 operations in July as the lockdown restrictions were eased for a total investment volume of approximately 50 million euros.

WAY Dos Hermanas Will Open Its Doors on 6 October

Kronos Properties' new commercial and leisure space, in which 65 million euros has been invested, will hold a private event on 6 October before opening its doors to the public the following day.
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Latest News

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.

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.

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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.