Edición:Moratorium
Companies
Lazora Offers its Tenants a Moratorium on their Rental Payments
The company has advised the Government that it is in the process of discussing this matter, and it taking the initiative to establish a moratorium for the rental payments of those families in situations of vulnerability caused by the coronavirus.
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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.
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.
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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.