News and articles, page 76

In 2021, the purchase and sale of real estate will be completed with one of the most positive indicators in recent years. Thus, according to INE, 53,410 units were sold in September 2021, which is the highest figure since 2008. This indicator is mainly due to the recovery of the real estate sector after several months of restrictions, a rush in demand for housing, changing habits after the COVID-19 pandemic, interest rates at historically low levels and a high level of mortgage lending. ...

The growth of real estate investment in recent months cannot be ignored, both directly (buying real estate) and indirectly (investing through companies in this sector). But is it something cyclical or structural? Hernan San Pedro, Director of Investor Relations and Communications at LA España Socimi, spoke out clearly. "If we look at the global figures, in the third quarter of this year, world real estate transactions amounted to almost $300 billion, 70% more than in 2020, and 4% more than in 2019, before the pandemic," he explains,...

Every month, Spain’s real estate sector is becoming more confident and investment-oriented. According to the German bank Deutsche Hypo, specializing in real estate investment, the domestic market has been recovering for five consecutive quarters. And last summer, the British market registered the highest growth in Europe. It is reflected in the REECOX index, which summarizes the dynamics of the real estate markets in Germany, France, Great Britain, Poland, Spain, and the Netherlands quarterly, calculating values for each of these six...

Prologis acquired a total of 81,000 m2 of logistics space in Madrid, Spain, with the help of CBRE, which advised the process. We should remember that since February 2017, both firms have joined an alliance for development in Europe, starting with the UK. «The goal of this alliance is to offer the best logistics solutions to a wide range of customers», the companies report. It will also serve to strengthen the strong and long-standing relations between Prologis and CBRE in Spain. ...

Revolution in the Spanish real estate market. Basque developer, Neinor Homes, is in talks to acquire Vía Célere, a real estate company owned by Värde foundation, which recently failed in its plans to enter the stock market and was put up for sale. If this operation is successful, the company will become the largest developer in the country, even larger than Metrovacesa and Aedas, with a portfolio of 37,000 development projects. According to various reports, the two companies have been negotiating the deal on an exclusive basis for...

In its latest economic report, the European Central Bank (ECB) has dedicated a special section to the housing market. The supreme monetary authority of the eurozone, based on its research on consumer expectations (CES), confirmed that in the coming months, demand for housing would remain at a reasonably high level. According to the ECB, an average of 4.5% of citizens in the six main economic zones of the single currency (including Spain) announced plans to buy a house in the next 12 months in the third quarter of 2021, which...

Housing in Spain has regained its status as an active alternative for investors. In recent years, when interest rates at record lows have shifted to traditional products such as bank deposits or government debt, many depositors have opted to buy an apartment to rent and resell. Content: Return on investment on real estate in Spain Profitability of renting real estate in Spain Selecting real estate to rent out

MVGM, a European property management company, has announced the addition of five new projects to its portfolio of assets: four in Barcelona and one in Madrid. All are part of the real estate portfolio of AEW, one of the world’s largest real estate asset managers. This operation will enable MVGM, led in Spain by Eliza Navarro, to add 35,400 m2 to its management. With the management of the Hidira building in the Mas Blau area of El Prat de Llobregat, the company is strengthening its position as a park manager. ...

Taylor Wimpey is the third-largest construction company in the UK. It shows the highest investment activity in the Spanish real estate market. Contrary to gloomy forecasts, Taylor Wimpey released data for October and announced that UK property bookings in Spain had reached their highest level since 2015. What is more, demand from the UK last month surpassed the number of transactions in any other country for the first time since February 2020, when the pandemic began, confirming the trend. In August, September and October,...

The Covid-19 pandemic has changed the real estate market, affecting the preferences of consumers and investors. Spacious houses with a large living area came to the fore, pushing back apartments and studios. According to the Idealista portal, the upward trend in purchasing villas will continue in the future, including thanks to the popularization of remote work. This portal contains offers of villas located throughout Spain, the price of which does not exceed 260,000 euros. In total, there are over 850 properties throughout...