Sunday, September 27, 2020

Edición:País Vasco

Lidl Expands its Logistics Capacity in Spain with a New Project in País Vasco

The supermarket chain will invest around 75 million euros in this project, whose launch is scheduled for the end of 2021.

House Sales Grew by 20% in July

In July 2020, house sales decreased by 32.4% compared to July 2019 and increased by 20% compared to the previous month.

Rental Costs in Spain Fall by Just 0.8% in July, According to Fotocasa

The price of rental housing in Spain reached an average of 10.73 euros per square meter in July, up 7.9% over the previous year, though down by 0.8% from June.

Second-Hand Homes Suffer a Slight Price Decrease of 0.7% in Interannual Terms in July

In Spain, second-hand house prices rose by 0.7% in July in intermonthly terms and fell by -0.7% in interannual terms, according to Fotocasa.
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Latest News

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.

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.