Posts Tagged ‘Barcelona’

Deutsche Bank: Property in Spain to outperform

Deutsche Bank: Property in Spain to outperform

Spain’s real estate market will be one of the most active and buoyant in Europe in the next five years and a top bet for foreign investors looking for the best yields, according to Deutsche Bank. “Spain is expected to be one of the best performing European markets,” the German bank’s Asset and Wealth Management division said in a report published last month.

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Spanish Property Prices Continue to Rise

Spanish Property Prices Continue to Rise

Spain’s property market is continuing the recovery started mid-2014, as the uptick in prices consolidates and foreign buyers return to the scene. Resales seem to be the flavour of the month, according to data from the Property Registrar’s Association for the first quarter of 2015. Prices rose 2.65 percent in January-March from a year earlier, with residential home sales increasing 9.05 percent to 90,534 transactions.

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AXA Completes Buy of Santander Assets

AXA Completes Buy of Santander Assets

Axa Real Estate has given a vote of confidence to Spain’s recovering property market with the acquisition of 381 branch offices from the country’s biggest bank Santander. Axa Real Estate, the largest real estate portfolio and asset manager in Europe, brokered the 308 million euros deal on behalf of a joint venture involving two of its institutional clients. Most of the offices are located in major cities like Madrid, Barcelona and Malaga, but there are also some in prime locations in smaller towns across Spain.

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Volkswagen Increases Spain Investment

Volkswagen Increases Spain Investment

Spain’s automobile industry received a double dose of good news last month: another extension to the government’s sector subsidy scheme and a 4.2 billion euros five-year investment commitment from Volkswagen! The German car manufacturer has earmarked the cash for improving installations and R&D at its two plants, one of which is its Seat factory in Martorell, near Barcelona, and the other in Pamplona in Navarre, home to the VW Polo. Spain is a key market for Volkswagen and its latest project – which has been touted as the largest ever industrial investment in the country – will guarantee the future of the group’s facilities.

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Spain property market attracts top global investors

Spain property market attracts top global investors

Spain’s recovering economy is fuelling interest from international investors keen to take advantage of attractive prices across a range of assets from banking to telecommunications. But the real estate sector is currently the most popular amongst top global fund managers.

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Spain Property Sector Recovers Momentum

Spain Property Sector Recovers Momentum

Spain’s property market is recovering momentum as the economy returns to growth. Housing prices are widely believed to have bottomed out in the last few months and the easing of restrictions on bank credit is encouraging sales.

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Spain property market still attracts investors

Spain property market still attracts investors

Foreign investors continue to snap up Spanish real estate assets, even though the market is beginning to show signs of a fledgling recovery. So are there still bargains to be had? There certainly are in and around the country’s coastal areas, where prices took the worst beating when the massive property bubble burst in 2008.

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Google to Open Business Campus in Madrid

Google to Open Business Campus in Madrid

Google is the latest international investor to bet on Spain’s economic recovery, as well as the potential contribution from its growing number of entrepreneurs.
The Californian technology giant has announced plans to open a business campus in Madrid in the first half of 2015, to provide support for technology start-ups.

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Spain’s Tourism Industry Continues to Grow

Spain’s Tourism Industry Continues to Grow

Spain is on track for another bumper tourism year! Recently released data for the first eight months of 2014 showed a 7.3 percent year-on-year rise in foreign visitors to 45.4 million, a record breaking figure for the January-August period.
And initial figures for September indicate that the summer boom is continuing.

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Foreign Firms See Spain as Good Investment Bet

Foreign Firms See Spain as Good Investment Bet

Over the last 18 months, Spain has ticked a lot of boxes for overseas investors keen to diversify their portfolios with acquisitions in industries like banking, property and tourism.
The country’s retail sector is also a target for foreign capital flows, against a backdrop of recovering domestic demand as the economy returns to growth.

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