Posts Tagged ‘recovery’

Hotels provide a barometer for economic growth

Hotels provide a barometer for economic growth

The hotel market is proving a strong indication of continued economic growth in Spain with Madrid leading the charge. Recently released figures for the first quarter of 2016 show that 2.2 billion euros was invested in property with the most sought after being retail, hotels and offices.

/ read more

Investment in Spanish hotels surges

Investment in Spanish hotels surges

Foreign investors have been aggressively investing in Spain’s hotel sector, keen to cash in on the positive trend in two key industries: real estate and tourism. Property investment is continuing the recovery begun in early 2014 and is on track to beat its pre-crisis peak. And it’s not just the residential sector that investors are targeting, but also commercial real estate in the big cities like Madrid and Barcelona, as now affordable assets go on the block.

/ read more

Spanish Housing Market Sees Yearly Rise

Spanish Housing Market Sees Yearly Rise

For the first time in four years, the sale and purchase of houses in Spain rose in 2014, reflecting the improved outlook for the real estate sector and for the economy as a whole. The number of operations increased by 2.2 percent to 318,389 last year, with second-hand property transactions the main driver behind the recovery. So is the country’s property sector downturn finally a thing of the past?

/ read more

Banco Sabadell Buys British Bank TSB

Banco Sabadell Buys British Bank TSB

Spain’s banking sector is now in recovery mode after undergoing an in-depth restructuring to streamline the number of lenders, clean up their balance sheets and boost their capital base. And what better proof of the sector’s strength than Catalonia-based Banco Sabadell’s recent takeover of Britain’s Trustee Savings Bank (TSB).

/ read more

Spanish Banks’ Bad Loans Fall as Credit Rises

Spanish Banks’ Bad Loans Fall as Credit Rises

Over the last few months, Spanish banks have been showing that the economic recovery is slowly but surely filtering through to their balance sheets.

/ read more

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.

/ read more

Spain building sector slowly recovering

Spain building sector slowly recovering

Spain’s property sector has emerged from the doldrums in the last year as foreign investors have flocked to buy prime assets at attractive prices. And this recovery has had a positive knock-on effect on the construction industry, once a symbol of the deep crisis which dogged Spain’s economy for the best part of five years

/ read more

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.

/ read more

McCann Says Spain’s Economic Crisis is History

McCann Says Spain’s Economic Crisis is History

Global marketing firm McCann has joined the ranks of leading businesses, investors and economists confident about Spain’s economic recovery.
The revival in the country’s advertising market in 2014 is a good indication of how companies’ growth expectations are improving, according to Felix Vicente, head of McCann’s operations in southern Europe.

/ read more

Strong Growth in Spain’s Service Sector

Strong Growth in Spain’s Service Sector

Spain’s service sector has regained momentum over this year, reflecting the recovery in key component businesses like tourism and exports.
The service sector recorded its fastest expansion since end-2006 in August, driven by a rise in new orders from companies for the thirteenth consecutive month.

/ read more
Page 1 of 212