Business Immo, the real estate website

Christian De Angelis

Director General


Madrid's Neinver eyes €350m Spain, Europe investments; denies sale rumours

Madrid-based family owned outlet centre firm Neinver expects to invest €350m through 2022 in Europe and Spain, and denies speculation that the company is for sale. The (...)


UK's Amro raises Iberian student resi target to €500m after first acquisitions

UK student housing specialist Amro Real Estate Partners has raised its target for investment in Iberia to €500m from €300m after first acquisitions in Spain. In response (...)


APG's Spanish resi REIT Vivenio adds 1,100 project units for €240m

Vivenio, a Spanish REIT/SOCIMI structured and managed by Madrid group Renta and 95% funded by Netherlands pension manager APG, has invested €240m to acquire projects (...)


Spanish rental housing firm Testa lists on MAB without IPO

Testa Residencial has listed on Spain's MAB exchange without an IPO, becoming Spain's largest rental housing REIT/SOCIMI with over 10,000 apartments. It shares rose 1.44% to €14.10 (...)


Israeli billionaire Sagi enters Spanish resi via €180m Tauro RE firm

Israeli billionaire Teddy Sagi, owner of London's Camden Market and briefly a shareholder in both Austrian conwert and Germany's Brack Capital, has entered Spanish housing, (...)


Savills IM aims at €2bn in Spain, Portugal property by 2022

Following adviser Savills' acquisitions of Spanish manager Zaphir amid the takeover of consultant Aguirre Newman last year, Savills Investment Management aims to boost investment in Spain and Portgual (...)


Blackstone said in final stage of buying €90m logistics assets from Spain's Lar

US investment management giant Blackstone, in the middle of a takeover bid for Spain's Hispania, is finalising acquisition of a Spanish logistics portfolio owned by another (...)


German ECE said set to re-enter Spain with €450-€500m three-centre mall portfolio

Hamburg-based shopping centre giant ECE is close to re-entering the Spanish market with the purchase of three malls in regional cities for between €450m and €500m, (...)