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 […]

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 […]

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 […]

Eroski sells 36 hypermarkets to Carrefour

Eroski, the Basque distribution group, has reached an agreement for the sale of a package of 36 hypermarkets to the distribution chain Carrefour for a maximum amount of 205 million euros. The sale, which is included into the Eroski’s Strategic Plan, is expected to have a positive impact on the group’s profitability in the medium term. The […]

CBRE Global Investment Partners acquired two shopping centres in Madrid

CBRE Global Investment Partners (GIP), in joint Venture with IBA Capital Partners, has acquired from Zambal Spain Socimi two prime high street retail assets in Madrid – the ABC Serrano Shopping Centre on Serrano Street and a high street retail building located on Preciados Street. The JV is re-positioning ABC Serrano and undertaking extensive refurbishment […]