Rising activity in the Spanish non-residential property market

According to BBVA Research, the non-residential sector has shown greater dynamism in the second quarter of 2017, when the number of new transactions of premises, warehouses and offices was 14,628, up 9.5% over the same period of the previous year, which puts the annual volume accumulated during the last twelve months above the 53,000 units, […]

Commercial property remains the most profitable real estate asset in Spain

The investment in housing for its subsequent rent offers average yield of 7.3% in the second quarter of 2017. Commercial premises remain the most profitable product (8.2%), followed by offices, homes and parkings. The profitability offered by housing is skyrocketing. According to a study carried out by the Idealista real estate portal, the return on […]

Urban land transactions increased by 11.1% year-on-year

  According to the data from the Ministry of Infrastructure, in the third quarter, 4,656 urban land transactions were carried out, 11.1% more than in the third quarter of 2015. The transmitted surface represented 5.4 million square meters, 41.3 less than in the third quarter of 2015. The value of the land transmitted was 648.6 […]

Only 5% of prime office space in Madrid is vacant

The availability of the best offices in Madrid is only 5% of 1.4 million square meters of high quality premises, which in turn account for just over 10% of the total of 14.8 million square meters of offices existing in Madrid, according to the study “Quality of offices in Madrid” released by BNP Paribas Real Estate. […]

Real estate investments in Spain will beat a record in 2016

The total volume of real estate investments will exceed 13.9 billion euros, 8% more than in 2015 and 45% more than in 2014. Real estate investment in Spain will close the year marking a new high. The data indicate that it will exceed 13.9 billion euros, 8% more than in 2015 and 45% more than […]

American group will invest more than 2 billion euros in a hotel and leisure complex in Madrid

The American company Cordish is to build one of its complexes, which will have 2,700 hotel rooms, 100,000 square meters of commercial space, three convention centers, cinemas and a leisure area. The developer has acquired land with 134 hectares in Torres de la Alameda, where he will develop a project that will revolve around a […]

Investments in the office real estate market reached one billion euros in the first half of 2016

During the first half of 2016, investments in the office real estate market in Madrid and Barcelona reached 970 million euros. This indicator represents a decline of 27% compared to the same period in 2015, which was due to a decrease in the supply of assets for sale in the market. At the same time, […]

Adif and Repsol put on sale a land plot in Madrid for 27 million euros

The Spanish railway company Adif and the biggest Spanish oil and gas company Repsol announce tender for sale of a land plot in Madrid with initial price of 27 million euros. According to the companies, it is the largest unoccupied land in the heart of the capital with the possibility of fast urban development. This […]

Housing prices in new buildings of Madrid and Barcelona increased by 4%

According to the report of ST Sociedad de Tasación, over the last year the average price of housing in new buildings in Madrid and Barcelona increased by 4%. Higher prices recorded in these cities due to the lack of new buildings offerings. The report suggests that in the near future Madrid and Barcelona will be the starting point […]

Metrovacesa and Merlin announced the biggest merger on the Spanish real estate market.

Metrovacesa and Merlin will merge to create a real estate giant with total assets worth over 9,300 million euros. Santander Bank will be the largest shareholder of the new group. Santander, BBVA and Popular, major shareholders of Metrovacesa, have agreed to merge it with Merlin Properties. The result of the operation will be the creation […]