Business Immo, the real estate website

BANCO SABADELL

Office 01/10/2020

Primonial REIM buys Neuflize OBC’s 29,000 sqm Paris 8th’s headquarters

The sale process of "One Monceau", located in the 8th arrondissement of Paris, had attracted several major investors from the real estate market in (...)

Hospitality 10/10/2019

Dutch Student Hotel wins €90m finance for Spain projects, eyeing €200m AUM

Amsterdam-based The Student Hotel has secured €90m in financing to develop two hotels in Madrid and Barcelona, and refinance existing assets as it moves (...)

Listed 26/04/2019

Spain's Merlin completes €1.55bn ESG-indexed refinancing

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 (...)

Housing 09/04/2019

Four intl names in final bid for Spanish Sabadell's €1bn+ resi developer Solvia

Four international firms are in the final bidding group for Spain's Solvia, a developer being sold by Banco Sabadell that owns housing land worth (...)

Housing 11/02/2019

Cerberus to expand in Spain, adding housing, logistics to its €10bn exposure

US private equity group Cerberus aims to expand in Spain, adding rental housing, logistics and land acquisition to its €10bn exposure so far mainly (...)

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, (...)

Finance 20/09/2018

Norway's Axactor adds €102m Spanish distressed real estate portfolio

Norway's listed Axactor has acquired a distressed 1,500-asset real estate portfolio assessed at €102m from a Spanish bank, its seventh foray into Spain marked last year (...)

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 (...)

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 (...)

Finance 19/07/2018

Spain's Sabadell sells €9.1bn NPLs to Cerberus, said in talks for €3.3bn more

Spain's Banco Sabadell has agreed to sell almost all its remaining real estate loan book with a face value of €9.1bn to US opportunity (...)

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 (...)

Listed 13/06/2018

Blackstone's Hispania approval moves Spanish tax income offshore - El Confidencial

The Spanish financial regulator CNMV has approved the takeover bid by Blackstone for hotels REIT Hispania. If successful, the firm will be taken private and all profits will move (...)

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 (...)

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 (...)

Hospitality 20/10/2017

Gold in Spanish resort hotels (2): Blackstone, Ruggieri move in

In the rush to tap into the booming Spanish tourism hotel business, US wealth manager Blackstone and France’s Ruggieri family are hot on the (...)