Monday, March 8, 2021

Edición:coronavirus

House Sales Will Grow by 13% in 2021, According to Servihabitat

In 2020, the price of housing increased by 1.9% in Spain and this year, growth of 0.5% is forecast. Meanwhile, sales, which fell by 26.8% last year, are expected to increase by 12.8% in 2021.

Insur’s Profits Rose by 138% to €21 Million in 2020

The property developer controlled by the Pumar family increased its turnover by 8.2% to 132.8 million euros in 2020 and achieved a profit of 21.1 million euros.

Merlin Evaluates the Sale of Four of its Shopping Centres

The Socimi is considering selling four of its fifteen shopping centres because it believes that store vacancies may increase this year.

The 10 Largest Real Estate Firms – Who Were the Winners and Losers in 2020?

The large property developers and listed Socimis registered joint losses of more than 200 million euros in 2020, compared to gains of 1.633 billion euros in 2019, mainly due to a fall in the value of their real estate assets.
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Latest News

New Build Home Prices in Madrid Grew by 11% in 2020

The average ticket for new build homes continues to exceed and stand out compared to that for second-hand homes, something that has not happened since Q319, according to data from the Brains Re platform.

Who Are the Construction Kings in the Balearic Islands?

Ten of the major real estate companies, including Taylor Wimpey, Metrovacesa, Aedas and Vía Célere, are going to deliver nearly half of the almost 2,500 homes that are scheduled for completion on the islands this year, according to Brainsre.

The Lowdown on the Decrease in Rental Prices in Madrid Post-Covid

The price of rental homes in Madrid has decreased for the third consecutive quarter, although the average asking price still exceeds 1,200 euros per month, according to Brainsre.

Ranking of Property Developers in Barcelona By Number of New Homes They Plan to Complete

Five property developers lead the new-build residential market in Barcelona and neighbouring towns, according to the big data platform Brainsre.

Most Read

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.