Friday, September 25, 2020
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There Are Now 728 Shopping Centres in Spain and Portugal

The gross leasable area of the whole Iberian shopping centre market stood at 20.15 million square metres at the end of last year, up by 1% compared to a year earlier.

The supply in the Iberian shopping centre sector in Spain and Portugal continued its upward trend in 2018 and 2019, in a context of positive developments in private consumption, although there was “a slowdown in the rate of growth” last year, according to the DBK Sector Observatory report by Informa.

In this way, at the end of 2019, the gross leasable area (GLA) in the Iberian market as a whole stood at 20.15 million square meters, up by 1% compared to 2018, when the year-on-year variation amounted to 2.5%.

Read the full story in Spanish.


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.

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TM Earned €20 Million in 2019 Despite an 8% Decrease in Revenues

The Alicante-based company, which specialises in the residential tourism sector, closed last year with a profit of 19.7 million euros, down by 22%, and turnover of 175.4 million euros.

Hines Reaches an Agreement with Aldi to Lease 2,000 m2 in its Macro Residential Project in Valdebebas

The real estate firm has announced that Aldi will open a supermarket in the multi-home residential rental complex.

The German Fund Patrizia Puts Amazon’s New Logistics Centre in Madrid Up For Sale

The German fund, which owns Amazon's new logistics centre that will open in Alcalá de Henares this autumn, has put the asset up for sale and expects to receive more than 100 million euros for it.

Socimis and Property Developers Strengthen Their Capital Again as the Duration of the Crisis Remains Uncertain

Loans, capital increases, dividend cancellations ..... Companies are strengthening their financial muscle in the face of possible twists and turns in the economy.