Spain

Prologis has completed an acquisition agreement with Spanish REIT Colonial comprising 18 logistics facilities totalling 473,000 square metres in Madrid, Barcelona, Seville and Guadalajara.

Round Hill Capital has closed a deal to acquire a 12,800 sq m site for its first PBSA development in Spain. Located in the Aravaca district of Madrid, the 500-bed scheme will bring much needed high-quality student housing to the city. Construction is set to start in 2021 and the development is scheduled to be ready for occupa...

Monereo Meyer Abogados continues to strengthen its team, now with its newest hire, lawyer Antònia Galmés, in the Real Estate Department, which includes 12 of the firm’s lawyers.

A fund managed by ActivumSG Capital Management has acquired the recently renovated Nobu Hotel in central Barcelona from Spain’s Selenta Group. The terms are not being disclosed.

Culture impacts everything in day-to-day life, from food to housing choices. Although within one continent, European countries differ significantly – and this includes their views on housing habits. In the UK, renting is often seen as less favourable and every UK resident appears to be in a rush to get onto the property ladde...

Grosvenor Europe has acquired an office building in Madrid, within the Méndez Álvaro neighborhood, from UBS (D) Euroinvest Immobilien. The German open-ended real estate fund managed by UBS Real Estate GmbH acquired the property in 2018 #link(46448)#.

Kennedy Wilson and GIC, Singapore’s sovereign wealth fund, have entered into a joint venture to acquire and manage urban logistics properties in the UK, with the potential to expand into Ireland and Spain.

Jacamar and Tenesur, owners of the hotel chain GEMA Hotels, has sold their hotel portfolio to Blantyre Capital for an undisclosed sum.

UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) business has acquired a prime office building in the centre of Madrid for a total of c. €52 million. The property was purchased from real estate funds managed by Blackstone on behalf of the UBS (I) Zurich Italy – Real Estate Fund (UBS-ZIREF) and marks the firs...

Panattoni and Leroy Merlin, the French multinational specialized in DIY, construction, decoration and gardening with operations in 13 countries, announced today the signing of an agreement for the development and rental of a turnkey building of 27,200 square meters, within a total area of 44,100 m2, in the industrial complex ...

Hines has secured international sports brand Nike to create a premiere concept store at its Paseo de Gracia 17 development in Barcelona.

Thor Urban Link has acquired prime last-mile logistics portfolio in Valdemoro south of Madrid, a 31,000 m² asset in addition to 7,500 m² of new development. Thor has purchased the assets through an off-market opportunity to purchase a high-quality asset from a private seller. This transaction follows the recent acquisition of...

Redevco finished the large-scale renovation of Parque Corredor in Madrid. The construction works, which started a year ago, have been completed ahead of schedule despite the extensive measures issued by the Spanish government in response to COVID-19. More than 300 workers continued building works in shifts during the so-calle...

Thor Urban Link, a division of Thor Equities Group, has announced the acquisition of a premier last-mile logistics portfolio in Barcelona, a 14,000 square meter development site including assets in Castellbisbal, one in Sevilla and El Prat. Total purchase price of the portfolio was €12.5 million, requiring total equity amount...

Verianos SE announces another acquisition of its Verianos European Opportunities Fund.

GLP has leased its first facility in Spain to DHL Supply Chain. DHL is a long-standing customer of GLP’s across Europe, China, Japan, India, Brazil and the US. DHL will in turn manage the logistics for Zalando in Spain.

LaSalle Investment Management (LaSalle) has acquired a six-storey residential property in the AZCA financial district of Madrid. The asset has been acquired from Optimum III Value Added Residential SOCIMI, a residential property investment fund, on behalf of a LaSalle client.

Panattoni has announced the acquisition of 46,920 m² plot of land that will be used for the development of a logistics project in the municipality of Castellbisbal, Barcelona. This will be their first project in Catalonia and will be able to adapt to meet market demand by developing either a warehouse building of 18,000 m²; o...