Business Immo, the real estate website

BANCO POPULAR

Housing 30/08/2019

Blackstone, in selling mode in Spain, puts €200m home loans up for sale

US wealth management giant Blackstone remains in selling mode in Spain, putting up for sale a package of residential mortgage loans worth €200m, part (...)

Housing 28/03/2019

Blackstone said preparing wave of Spanish disposals focused on housing

US-based investment giant Blackstone, which holds real estate in Spain worth some €20bn, is reported to be preparing a wave of disposals, including much (...)

Housing 17/10/2018

Blackstone, Caixa, Sabadell are Spain's largest rental housing landlords

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, (...)

Hospitality 06/09/2018

Spain's Azora eyes more hotel investments after Hispania sale to Blackstone

Azora, the Madrid-based investment manager that built and then sold Spanish REIT Hispania to Blackstone, aims to invest further in resort hotels but is (...)

Office 26/07/2018

Hines commits over €300m to European office in Berlin, Barcelona

Texas-based real estate giant Hines has committed over €300m to European real estate in the last week, acquiring the Zalando headquarters in Berlin for (...)

Listed 25/07/2018

Spain's Metrovacesa halves 1H loss to €8.27m, targets 4,000 home starts

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 (...)

Listed 23/07/2018

Blackstone €2bn bid for Spanish REIT Hispania succeeds at 74%

US investment management giant Blackstone has succeeded in its €2bn bid for Spanish REIT/SOCIMI Hispania, winning acceptances for 74.02% of equity, well over its (...)

Listed 22/06/2018

Spanish REIT Hispania’s board approves increased Blackstone takeover bid

Spain's hotels-focused REIT/SOCIMI Hispania said its board has approved the takeover bid made by US wealth giant Blackstone after the latter raised its offer to €18.25 per share (...)

Hospitality 12/06/2018

Amid Spain's hotel boom, Blackstone will do what it takes to buy Hispania

With Spanish tourism booming and no fewer than 173 new hotel openings forecast in the next four years, US giant Blackstone will likely do what it (...)

Listed 02/05/2018

Metrovacesa becomes first Spanish property firm to join Blockchain group

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 (...)

Listed 06/04/2018

Blackstone launches €1.9bn takeover bid for Spanish hotel REIT Hispania

Giant US investment manager Blackstone has launched a full takeover bid for Spanish REIT/SOCIMI Hispania via its Alzette vehicle, having agreed to buy 16.65% (...)

Hospitality 05/04/2018

Spanish Hispania shares jump 7% on reports of Blackstone hotels bid

Shares in Spanish REIT/SOCIMI Hispania jumped by 7.3% yesterday on media reports that US wealth manager Blackstone plans a takeover bid once it executes plans to sell office (...)

Finance 12/02/2018

Shares in Spanish housing firm Metrovacesa slip below last week's IPO price

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 (...)