» Chronological View: " Spain " «

Sale and leaseback (SLB) transactions across Europe accounted for 11.1% of total retail investment volumes in the first three quarters of 2019, according to a recent report from Savills. This is a record high since 2007 (11.3%) and 30% above the average of the past ten Q1-Q3s. Data from the real estate advisor shows that SLB ...

Patrizia AG has completed its sixth acquisition in Spain on behalf of TransEuropean VII, its flagship, Europe-wide discretionary value-add programme. Located within the Los Gavilanes industrial estate in Getafe, Madrid, the property is being developed speculatively and will provide approximately 29,000 s qm of flexible, grade...

Patrizia AG announces the appointment of Eduardo de Roda as Country Manager Iberia. Based in the company’s Madrid office, Eduardo, together with a team of eight highly skilled and experienced real estate professionals, is running Patrizia’s Iberian operations which currently oversees AUM of € 1 billion across Spain and Portug...

AEW announces the acquisition of three retail units located in the Bonaire retail park in Valencia, Spain. The assets were acquired on behalf of Actipierre Europe, one of its private client funds.

ActivumSG (ASG) has appointed Luis Miguel Martín as Managing Director charged with growing its funds’ Spanish hotel portfolio beyond its five ongoing investments with a projected end value of around €500 million.

Altamar Capital Partners has incorporated Carlos Gazulla as Managing Director to its Private Equity Research and Investment team. He will work with the Altamar’s investment team led by José Luis Molina, co-CEO and co-CIO and Miguel Zurita, CO-CIO. This team already brings together more than 60 professionals distributed in t...

Frankfurt-based KanAm Grund Group purchased a 21,000 square meter real estate portfolio in the Spanish business metropolis Barcelona, comprising a total of 7 office buildings for an institutional investor. All the buildings are very centrally located in the inner city and are let to the Generalitat de Catalunya, the instituti...

LaSalle Investment Management, has advised on the acquisition of DIA Logistics, a flexible-use warehouse fully let to the discount supermarket chain DIA. The asset, which is located near Zaragoza in Spain, has been acquired on behalf of LaSalle’s E-REGI fund for over €20 million.

Hyatt Hotels Corporation announced at the beginning on the month the opening of the fully renovated, 169-room Hyatt Regency Hesperia Madrid, marking the Hyatt Regency brand’s entry into Spain.

The Student Hotel (TSH) has secured €90m in financing for the development of two new hotels in Madrid and Barcelona, as well as refinancing for its existing assets in Spain. The lending was provided by a syndicate of three banks: Santander, Sabadell and HSBC. The financing package forms part of a €2bn accelerated investment p...

Leading Cities Invest has purchased the Pau Claris 158-160 office property in the center of Barcelona. With an area of around 7,500 m², the property is leased completely to the Generalitat de Catalunya, the institution for political administration of the autonomous community of Catalonia, and currently occupied by the office ...

Allianz Real Estate has seen assets under management increase to €67.1 billlion as at the end of June 2019, up €3.6 billion since the start of the year. Growth has come from continued expansion across Europe, the US and Asia Pacific and diversification across asset types, sectors and investment styles.

Hines has acquired a 17,474m² urban logistics park in Villaverde, Madrid, on behalf of the Hines Pan-European Core Fund (HECF). The transaction is the second urban logistics acquisition this year for HECF, after announcing plans to diversify its portfolio into the urban logistics and residential sector in March. It also repre...

ISG has appointed Aydin Karaduman (54) as new Managing Director Europe. The newly created position is following the best result in the company's history last year and the planned expansion of business in continental Europe, especially in the core areas of office, retail and data centres. Karaduman, former CEO of DIC Asset AG ...

Savills Investment Management has sold The Outlet Stores Alicante for a total of €34 million to a fund managed by UBS. Initially having a gross leasable area of 35,000 sq m after the acquisition in 2014, The Outlet Stores has been refurbished increasing in size by 4,000 sq m after an extension project in 2018. It is almost 10...

AXA has sold a portfolio of eight office buildings in Barcelona for in excess of €100m. The group of buildings, located in the city centre, has been sold to KanAm Grund Group, based in Frankfurt. Totalling more than 35,000 sq m, the properties are currently leased by the Catalonian Government and form part of a lot of buildin...

Neptune, a joint venture between Neinver and Nuveen Real Estate, will invest over €10m in its two largest centres in Spain: Getafe The Style Outlets and San Sebastián de los Reyes The Style Outlets. Neptune’s strategy is to continue boosting the growth of its current portfolio of outlet centres in Europe. The refurbishment of...

London ranks first for the third consecutive year in the 2019 Savills Investment Management (Savills IM) Dynamic Cities index, followed by Paris, Cambridge, Berlin and Amsterdam. The index ranks those European cities with the best long-term commercial real estate (CRE) investment potential. Analysis accompanying the index hig...