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Spain

Chancerygate's European expanse takes pace

Chancerygate has opened an office in Madrid and appointed a development director for Spain as the urban logistics property developer and asset manager ramps up its expansion into Europe. Felipe Lainez joins from Mirastar Real Estate Investment where he was development director for southern Europe for the past four-and-a-half ...
Tuesday, 12. March 2024

Summum Hotel takes over management for hotel near Toledo

Following a structured operator search process for the hotel, Christie & Co's investment team has formalised a lease agreement with Summum Hotel Group. From May 2024, the group will take over the management of the establishment. Villa Nazules Hotel Hípica Spa is located 25 kilometres from the city of Toledo, in a natural sett...
Wednesday, 6. March 2024

Covivio acquires 8.3% Generali stake in Covivio Hotels subsidiary

Covivio signed an agreement to acquire the 8.3% stake in Covivio Hotels held by Generali, in exchange for new Covivio shares. This transaction, which represents the equivalent of the acquisition of €500 million of assets and a capital increase of nearly €300 million, marks a major step in the reinforcement of Covivio in the h...
Tuesday, 5. March 2024

Savills promotes 15 new directors

Savills has announced the following promotions within its Europe and Middle East business, which took effect from 1 March 2024. The promotions will see 14 people moving up to director level, one to divisional director and 33 to associate director level.
Monday, 4. March 2024

Primonial REIM founds Spanish subsidiary

As part of its international expansion, the investment manager has founded a subsidiary in Spain. Primonial REIM Spain is headed by Felipe Pérez Agustín. He has been working for the company as Asset Manager for Spain and Portugal since mid-2023.
Thursday, 29. February 2024

Árima acquires MSD headquarters in Spain

Árima has reached an agreement to acquire the current headquarters of the multinational biopharmaceutical firm MSD, which will relocate to the Botanic building as part of the same deal. This deal will see the Socimi acquire an office building with strong uplift potential in a consolidated area of Madrid. The Company plans to ...
Wednesday, 28. February 2024

Colliers expands profile in Andalusia by opening Marbella office

Colliers has expanded its profile in Andalusia and the Costa del Sol by opening a Marbella office. This expansion reflects the company's growth strategy in the luxury residential market, reinforcing its business leadership in high-end residential and Branded Residences commercialisation, and in response to growing market demand.
Wednesday, 28. February 2024

12.18. AM purchased Hotel Club Santa Ponsa in Majorca

As part of a strategic partnership with an international investment fund, 12.18. Asset Management, headed by managing directors Henri Leyer-Pritzkow and Adrian Lindner, has signed the purchase agreement for the Hotel Club Santa Ponsa in a prime location in the west of Mallorca.
Friday, 9. February 2024

EdR REIM closes first loan in Spain

Edmond de Rothschild’s REIM Real Estate Debt team recently closed its first loan investment in Barcelona through its co-mingled pan-European High Yield I real estate debt fund. Furthermore, the team is in marketing process for its new real estate debt fund with a target size of more than €500m.
Tuesday, 6. February 2024

CBRE appoints Jorge Ruiz as Head of Hotels, Iberia

CBRE has bolstered its Hotels platform in Iberia, appointing Jorge Ruiz as the new head of the region. The Senior Director of Hotels, Spain will now be responsible for managing the business across both Spain and Portugal.
Monday, 5. February 2024

TCC completes first sales in Europe

Trammell Crow Company has signed two transactions with AEW. The latter has acquired one completed development and is forward-funding the development of a second, both in Granollers, a strategic location bordering Barcelona’s 1st Ring.
Wednesday, 31. January 2024

The hotel investment in Spain soars in 2023

In 2023, hotel investment in Spain reached 4.248 billion euros, considering operating hotels, properties for hotel conversion, and land for hotel development, according to data from the Hotel Investment Report compiled by Colliers. In 2023, 171 hotels and 21,748 rooms were transacted, compared to 133 hotels and 17,754 rooms ...
Monday, 29. January 2024