» Chronological View: " Spain " «

Invesco Real Estate has acquired three newly-built logistics assets located in the major cities of Madrid and Barcelona, two of the most important and demand-driven logistics hubs in Spain. The transactions, with a total investment volume of €173m and comprising a total of 189,500 sqm, have been made on behalf of two of the f...

Redevco Iberian Ventures, the joint venture between real estate funds managed by global alternative asset manager Ares Management and pan-European retail real estate investment management company Redevco, has relaunched Mercado de San Miguel, the renowned covered gastronomic market in San Miguel Plaza in the historic center o...

Árima Real Estate SOCIMI, S.A. emerges as a recently incorporated company with the aim of becoming the only listed, internally managed, pure-play Spanish SOCIMI (Sociedad Anónima Cotizada de Inversión Inmobiliaria, a real estate investment company) focused purely on Spain, mainly in Madrid´s office market.

EPISO 4, a value-add fund advised by Tristan Capital Partners together with local operating partner Savills Investment Management, have acquired a 78,000 sqm office portfolio in Madrid from Inmobiliaria Colonial Socimi. The portfolio consists of six Grade A office buildings located in established submarkets outside of Madrid’...

Malcolm Hollis to announce the appointment of Karla Scott Castro as a project manager to their Madrid office.

The developer Inmobiliaria Espacio has appointed the leading UK retail and leisure agency Lunson Mitchenall to drive forward the next phase of retail and leisure leasing at Caleido, Madrid. The team will work alongside Savills Aguirre Newman, to provide leasing and development advice for the new urban project, set to open at ...

Real I.S. has acquired Calle Alcalá 30-32, an office property in central Madrid, for a German insurance company. The property is prominently located in central Madrid, close to the city hall and the Plaza de Cibeles, and was sold by Inmobiliaria Colonial Socimi S.A. The parties have agreed not to disclose the purchase price.

BNP Paribas Real Estate has continued to strengthen its senior management team in Spain with a number of new appointments, in line with its strong commitment to growth in the country over the coming years. This year, the company plans to increase its workforce by around 80 people to reach almost 200 employees in 2019.

Colliers International has appointed Esperanza de Justo as Business Development Director in Spain. “Esperanza is an excellent property market professional and an expert in off-market deals. We are confident that her talent and experience in creating investment opportunities, coupled with her knowledge of the real estate marke...

Merlin Properties, Banco Santander and BBVA have formalized, on 14 September 2018, an agreement with Tropic Real Estate Holding for the sale of 50.01% of Testa Residencial. The sale proceeds obtained will be used to reduce the leverage in line with the objectives of the business plan of the Company. Merlin Properties acquired...

Spain's positive economic development is providing the local real estate market with ongoing tailwind. A recent study carried out by Deutsche Hypo comes to the conclusion that the markets for office, retail, hotel and logistics real estate are on a growth trajectory and that they will also be maintaining this growth.

CBRE Global Investment Partners (CBRE GIP) and Madison International Realty have acquired a 6,458-unit portfolio of residential properties valued at €870 million. The portfolio has been purchased as part of the recapitalisation of a fund managed by Azora, which had come to the end of its life. Azora will continue to manage th...

M&G Real Estate has announced its first appointment in Italy and its second in Spain in a further step to drive ongoing expansion in Europe. Luigi Miranda has joined as an Associate Director in the Asset Management Team, reporting to Marc Reijnen, Head of Asset Management, Continental Europe. In Spain, Fernando Valcárcel Sánc...

Barings Real Estate has acquired five office buildings within Avalon Business Park, Madrid, Spain, as part of a Pan European value add investment strategy on behalf of an institutional investor. The seller is Meridia Capital. The five office buildings comprise 24,495sqm and are best in class in this submarket. The buildings a...

Axactor and Reolux Holding S.à r.l has closed the approximately €96 million senior secured term loan facility with Nomura International plc to refinance Reolux's existing Spanish Real Estate Owned (REO) investments. Nomura acted as Arranger for the facility. „Closing of this transaction is an important milestone in establishi...

Record levels of take-up have been reported in the industrial sector across Spain, according to a recent report from Savills Aguirre Newman. Madrid reported a total of 451,000 sq m in 36 deals, representing a 17 per cent y-o-y increase. Barcelona reported the same number deals but experienced a greater relative rise of 74 per...

The overall European logistics yield dropped 14 bps to 5.95% in Q2 2018, the first time it has fallen below 6% since Cushman & Wakefield began consistently tracking the three main property sectors in 1992, according to the firm’s DNA of Real Estate report. All logistics markets monitored in Germany, Italy and Sweden recorded ...

European industrial and logistics investment remained strong during the last 12 months, according to CBRE's EMEA Industrial & Logistics – Capital Markets Snapshot. Investment volumes reached €31.3bn, down 21% from the 12 months to June 2017, but up 14% after discounting the hugely significant €12.25bn Logicor deal which took ...