Tuesday, January 25, 2022

Edición: Palma de Mallorca

The Four Regional Capital Cities in Spain Where Rental Prices are Falling

Rental prices fell in four of Spain’s large regional capitals (those with more than 250,000 inhabitants) last year, according to Brainsre.

Sagax Pays €50 Million for IKEA in Palma de Mallorca

The Swedish investment firm has acquired the 23,600-m2 property occupied by Ikea through the company Orontes.

The Socimi Tander Expands its Share Capital by €43 Million and Buys a Commercial Premise in Palma

The company, which has carried out two capital increases for a combined amount of 43 million euros, has also acquired a commercial premise in Palma de Mallorca for 4.6 million euros.

Madrid, Barcelona and Palma, the Provincial Capitals Where New Home Prices Are Rising by the Most

New home prices have increased by 1.4% in the Balearic capital over the last year, to €2,162/m2; whilst prices in Barcelona and Madrid have risen by 1.3%.