Spain

Azora has acquired the Planetocio leisure centre, which is located in the Collado Villalba suburb of Madrid. The acquisition is the first in the leisure segment that is showing very good growth prospects post-pandemic, for Azora’s new multi-strategy investment vehicle, Multi Strategy JV II.

Quartiers Properties AB has completed the sale of the Altura160 project in Benahavís to Taylor Wimpey de España S.A.U as planned. This transaction, with a value in euro equivalent of SEK 107.2 million, marks an important milestone for Quartiers and demonstrates the company's ability to create and realise value in its projects.

Equilis starts the implementation of Spain's most extensive solar community at Nexum Retail Park in Fuenlabrada, Madrid. This self-sustaining system allows up to 1,100 nearby households to access 100% renewable energy, reducing their bills by up to 40%, all without the need for personal installation or investment.

Quartiers Properties has entered into an agreement with Taylor Wimpey de España S.A.U to sell the Altura160 project in Benahavís for a sales price in EUR equivalent to SEK 107.2 million.

VIA Outlets officially opened the 4,000 m² extension to its Sevilla Fashion Outlet, culminating a €30m project to modernise and evolve the centre since its acquisition in 2016.

Savills Investment Management has added more than 260 Build-to-rent (BTR) and Build-to-Sell (BTS) units in a prime area of Madrid to its portfolio of assets under management. Currently comprising three commercial properties, the portfolio will be converted into high-standard residential units. The complex has already obtaine...

M7 Real Estate has let c. 8,500 sq m of industrial warehouse space in Lezama to Belgicast International by AVK Holding, a European leader of water management. This new lease brings the c. 90,000 sq m urban logistics portfolio in Spain, which M7 compiled in 2022 on behalf of Oxford Properties Group to 100% occupancy.

Azora has agreed a c. €640 million financing package with a group of banks and insurers for its Spanish affordable residential rental platform, Nestar.

H.I.G. Capital has completed the acquisition of a real estate portfolio in central Madrid comprised of three buildings totalling 20,000 sqm. The buildings will undergo an extensive renovation and transformed into a high-standard residential asset with strong environmental credentials, benefitting from consistent growth of dem...

The Hungarian developer Indotek Group has acquired its seventh hotel in Spain. The company has closed the purchase of the H-Top Royal Beach Hotel, a 368-room, 4-star establishment located in Lloret de Mar, Girona. The establishment’s former group owner, H·Top Hotels & Resorts Group, will continue to operate the business under...

DER Touristik Hotel Division continues to invest in hotels of its own: Following the acquisition of the Aldiana Club Ampflwang in July, the hotel division of the DER Touristik Group has now announced its next purchase. Subject to the fulfilment of contractual closing conditions, DTH Real Estate Fuerteventura S.L (Morro Jable,...

Limestone Capital has bought the Hotel Axel on Calle de Atocha, Madrid from Hotel Investment Partners (HIP) for an undisclosed amount. This marks Limestone's second hotel acquisition in Spain, solidifying its presence in the dynamic Spanish market.

Delin Property has completed the lease-up of its South Madrid Logistics Park development by signing the pan-European healthcare supply chain provider Alloga to take the last 42,000 square metres of available space on long-term leases. Delin Property’s Spanish portfolio is now 100% occupied.

Aimbridge EMEA has been appointed by Santa Maria Group to manage its independent, 402-key Grand Luxor Hotel & Village resort on the Costa Blanca beginning October 1, 2023. The deal marks a major milestone for both companies, signaling their joint ambition to accelerate growth.

Mount Street Group has been selected as Creditor Representative and Agent of the €1.45 billion financing package, arranged by Goldman Sachs, to fund Futbol Club Barcelona’s Espai Barça development. The appointment is the largest single mandate win this year for Mount Street.

Aareal Bank announces the successful closing of a € 175 million financing agreement with Greystar, under Aareal Bank’s Green Finance Framework for a portfolio of three build-to-rent properties (BTR) in Madrid.

Quartiers Properties has signed a letter of intent with Nowonomics AB and QQM Fund Management. This agreement marks the beginning of a new business segment that lays the foundation for growth through real estate funds without necessarily raising capital by issuing shares to finance new projects.

Arrow Capital Partners has promoted Malgorzata de la Torre to Head of Spain. In this role, de la Torre will be responsible for managing all aspects of the investment and development programme in Spain.