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, […]

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 […]

Starwood will invest 500 million euros in hotels acquisitions in Spain

The US investment group Starwood Capital has partnered with HI Partners, a subsidiary of Banco Sabadell, to invest 500 million euros in buying hotels in Spain over the next three years. Starwood and HI Partners will create a joint venture that will specialize in the acquisition of hotel assets located in major tourist areas such […]

Bankia puts on sale commercial premises with huge discounts

Bankia has launched a campaign that will run until the end of April to accelerate the sale of its real estate assets. Bankia has put on sale more than 500 commercial premises, located mainly in large cities, with discounts that can reach 40%. These properties include 220 premises in Valencia, 170 in Catalonia, 70 in the Canaries […]

Real estate fund Trajano buys a business park in Madrid

Trajano Iberia, the real estate fund managed by a division of Deutsche Bank, has acquired the “Isla de Manoteras Business Park” in Madrid for 44.3 million euros. Located on Avenida de Manoteras 48, the asset has a leasable area of ​​13,442 m2 and 274 parking spaces. The property is located north of Madrid, in the business […]

Chinese investment in European commercial real estate rises

Chinese investment into European commercial real estate reached €8.5bn last year, a 22% increase on 2014, according to Cushman & Wakefield. Despite increased domestic volatility and slowing economic growth, Chinese investors have taken a broader approach and been active in a wider range of property types and geographies, it said. Nigel Almond, head of capital […]