Madrid city council has, after 25 years of political deadlock, approved the massive €7.3bn 2.7m sqm Nuevo Norte (New North) redevelopment, also known as (...)
Even amid its current housing boom, Spain has an overhang of 459,876 unsold new homes, and the number is declining only slowly from a (...)
Spanish REIT/SOCIMI Merlin Properties has completed a refinancing through a €1.55bn ESG-indexed facility which is the largest in the European real estate sector to date. The new (...)
US private equity group Cerberus aims to expand in Spain, adding rental housing, logistics and land acquisition to its €10bn exposure so far mainly (...)
As real estate investment capital continues to pour into Spain, US investment giant Blackstone has become the nation's largest residential landlord with 32,000 homes, (...)
US-based Blackstone has taken control of Spanish listed housing firm Testa less than two months after flotation, buying 50.01% in an offer for Merlin (...)
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 (...)
Spanish listed housing developer Metrovacesa halved its net loss to €8.27m in the first six months, and said it expects to start up to (...)
Testa, the Spanish housing firm owned by creditor banks, REIT/SOCIMI Merlin Properties and Acciona Inmobiliaria, has issued its stock market prospectus targeting capitalisation of €1.83bn at a share price (...)
Madrid-based residential developer, re-floated in February by bank creditors, has become the first Spanish property group to join Blockchain consortium Alastria. A senior executive told (...)
Spanish housing group Testa, being prepared for an IPO in the next few months, is to make a capital increase of €89m for subscription by (...)
Shares in Madrid-based residential developer Metrovacesa, one of the biggest casualties of Spain's recent recession, fell in trading Monday to €15.27, below its IPO price (...)
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