Business Immo, the real estate website

Borja Ortega

Head of Capital Markets

Housing

France’s Primonial partners with Spain’s Grupo Lar to develop residential rental properties

Paris-based manager Primonial has signed a long-term agreement with Spanish developer Grupo Lar for the development and management of Built-to-Rent residential assets in Spain. (...)

Logistics

Prologis Europe's winning bid for Colonial's Spanish logistics portfolio said at €425m

Prologis European unit has won the bid to purchase a 473,000 sqm Spanish logistics portfolio owned by REIT/SOCIMI Colonial for a price reported at €425m. The (...)

Office

Tristan buys pays €100m for an office portfolio in Lisbon

Tristan Capital Partners, for its core-plus perpetual fund Curzon Capital Partners 5 LL (CCP 5 LL), has acquired an office portfolio of seven buildings (...)

Housing

TPG pays €247m for 75% of Spanish resi REIT Témpore from Sareb

Texas-based TPG has acquired 75% control of Spanish residential REIT/SOCIMI Témpore from the nation's workout agency Sareb for a total price of nearly €247m. Témpore Properties, one of the largest residential REIT/SOCIMIs in (...)

Office

UK's Grosvenor re-enters Spain office with €80m buy in Madrid

London-based private manager Grosvenor has re-entered Spain's office market after 13 years, reportedly paying €80m for a Madrid asset from US giant Blackstone. Local media (...)

Hospitality

Mexico's Sanginés-Krause said paying €210m for Madrid luxury hotel

Mexican millionaire Allen Sanginés-Krause, former senior executive of Goldman Sachs, is reported to be paying €210m to acquire Madrid's luxury Hotel Villa Magna via (...)

Hospitality

CBRE GIP, UK's Pygmalion add Spanish hotels for new Euro hospitality JV

CBRE Global Investment Partners and UK opportunistic hospitality manager Pygmalion Capital Advisers have acquired nine 4-Star city hotels in Spain for a joint venture (...)

Housing

2018 Spanish home sales could reach 0.5m after strong 2Q - registrars

Spanish home sales could reach 0.5m this year after second quarter transactions surged 12.4% above 1Q17 levels to 134,196, according to the nation's College (...)

Retail

Spain's Merlin expands in Portugal paying €407m for Lisbon Almada mall

Spain's largest REIT/SOCIMI Merlin Properties has paid €406.7m to acquire from Blackstone the Forum Almada mall in Portugal across the Tagus River across from (...)

Retail

Spain RE investment surges 45% to €14bn led by retail, hotels, resi - JLL

Real estate investment in Spain last year rose 45% to again set a record at €14bn, according to adviser JLL. Retail and hotels were (...)