Sunday, January 24, 2021
Home Companies The Property ...

The Property Developer Sierra Blanca to Invest €500 Million in Luxury Housing By 2025

In an interview with Brainsre.news, the CEO of Sierra Blanca Estates, Carlos Rodríguez, explains that his company is building the EPIC Marbella development and one of the Málaga Towers, on which it will spend 250 million euros.

The property developer Sierra Blanca Estates, which specialises in luxury residential developments on the Costa del Sol, is planning to invest 500 million euros in residential projects over the next five years.

Specifically, the company’s strategic plan involves “an investment of 250 million euros by 2023, which will be mainly concentrated in two large developments: EPIC Marbella and the Torre Sierra Blanca that will form part of the Málaga Towers”, explained Carlos Rodríguez, CEO of the property developer, speaking to Brainsre.news.

Read the full article in Spanish.

B-Exclusives

Which Are the Areas of Madrid Where Homes Are Sold or Rented the Quickest?

The health crisis is taking its toll on the time it takes to sell or rent a home in the Spanish capital, although some areas are resisting better than others, according to Brainsre.

Rental Properties No Longer “Fly Off the Shelf” in Barcelona as the Time it Takes to Find a Tenant Increases

It now takes 2.2 months on average to rent out an apartment in Barcelona, up from 1.5 months, according to Brainsre, however, the city still has one of the most liquid rental markets in the country.

Special B-Exclusives: How Many Square Metres Did Spaniards Spend the Lockdown in?

Every household in Spain has an average of 42.75 square metres for each inhabitant, with 2.51 people in each home. Ceuta, Melilla, Guipúzcoa and Madrid are the areas with the least space.

The Retail Crisis of 2008 Lasted 5 Years As Store Prices Fell by 33%: How Much Could They Fall During this New Crisis?

The Covid-19 crisis has come at a time when the prices of commercial premises have not yet recovered from the previous recession, the consequences of which lasted for five years.

Latest news

The Government Extends the Vetos on Evictions

The Executive is modifying two of the six assumptions included in the decree approved in December to suspend evictions until the end of the State of Emergency in favour of squatters.

BBVA Sells a €700 Million Portfolio of Loans and Assets from Unnim to KKR

The entity has sold a portfolio of loans and toxic real estate assets from Unnim, with a gross value of 700 million euros, to the fund KKR.

Tectum Launches a Second Fund for Affordable Rental Properties in Madrid

Together with Locare, the property developer has raised a new fund amounting to 240 million euros to purchase land and construct more than 1,000 rental homes in the region.

Madrid Will Include Thousands of Empty Flats in the EMVS’s Supply of Properties for Rent

Madrid City Council is launching a plan for all owners of empty homes to transfer their properties to the EMVS in exchange for rental income.