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Spanish REIT

Updates on the Iberian & LatAm property market, with a special focus on REITs.

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The Spanish REIT, Persépolis Investments, will stop trading in the BME Growth The Spanish REIT, Persépolis Investments, will stop trading in the BME Growth Insurance firm, Zurich, is selling a portfolio of 6 office buildings in Madrid and Barcelona Insurance firm, Zurich, is selling a portfolio of 6 office buildings in Madrid and Barcelona Millenium Acquires the Iberostar Las Letras Hotel for €70M Millenium Acquires the Iberostar Las Letras Hotel for €70M
intu sells €475M Spanish mall in debt cutting rush.
Retail Capital Markets

intu sells €475M Spanish mall in debt cutting rush.

British REIT intu Properties plc has sold Puerto Venecia shopping centre to Generali Shopping Centre

Por Jerónimo / 23 diciembre, 2019
Invesco sells Torre Spínola to HNA for €51M
Business Space

Invesco sells Torre Spínola to HNA for €51M

Invesco has sold Torre Spínola to Spanish insurance firm Hermandad Nacional de Arquitectos for €51M, less

Por Jerónimo / 18 diciembre, 2019
Millenium Hotels buys golf courses & land from British firm Costain for €15.2M
Alternative Hotels

Millenium Hotels buys golf courses & land from British firm Costain for €15.2M

Spanish REIT Millenium Hotels Real Estate I SOCIMI (“MHRE”) has paid €15.2M to purchase two golf courses and

Por Jerónimo / 17 diciembre, 2019
Cain International buys two Madrid office buildings from Acciona and Schindler Group
Business Space

Cain International buys two Madrid office buildings from Acciona and Schindler Group

Cain International, the privately held real estate investment firm operating in Europe and the United

Por Jerónimo / 16 diciembre, 2019
AEW sells Caixabank branch on Serrano 7 to Mutualidad de la Abogacía
Retail Capital Markets

AEW sells Caixabank branch on Serrano 7 to Mutualidad de la Abogacía

AEW’s Europe City Retail fund which specialises in prime locations on Europe’s most commercial high

Por Jerónimo / 11 diciembre, 2019
Blackstone sells «Corona» assets to Tikehau Capital & Ireit Global
Business Space

Blackstone sells «Corona» assets to Tikehau Capital & Ireit Global

Blackstone has sold the 4 assets it held in its Spanish REIT vehicle, Corona Patrimonial SOCIMI, S.A.,

Por Jerónimo / 10 diciembre, 2019
SIRE buys €20 million Zaragoza logistics portfolio at 7% yield
Logistics

SIRE buys €20 million Zaragoza logistics portfolio at 7% yield

Early in 2019, Arrow Capital Partners launched the Strategic Industrial Real Estate (SIRE) joint venture to purchase

Por Jerónimo / 9 diciembre, 2019
Zaka Investments buys Madrid’s Gran Vía 20 for €44M
Hotels

Zaka Investments buys Madrid’s Gran Vía 20 for €44M

Pierre Bastid’s family office, Zaka Investments, has bought Gran Via 20 for €44 million from

Por Jerónimo / 7 diciembre, 2019
Spanish engineering giant, Idom, hires Savills to sell Madrid & Bilbao HQs
Business Space

Spanish engineering giant, Idom, hires Savills to sell Madrid & Bilbao HQs

Spanish architect and engineering company Idom appoints Savills to find a buyer for the firm’s headquarters in Madrid and

Por Jerónimo / 4 diciembre, 2019
Merlin sells €225M office portfolio and negotiates retail asset contribution.
Business Space

Merlin sells €225M office portfolio and negotiates retail asset contribution.

Spain’s largest REIT, Merlin Properties SOCIMI, S.A. (MC: MRL) has sold a portfolio of 8

Por Jerónimo / 4 diciembre, 2019

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  • The Spanish REIT, Persépolis Investments, will stop trading in the BME Growth
  • Insurance firm, Zurich, is selling a portfolio of 6 office buildings in Madrid and Barcelona
  • Millenium Acquires the Iberostar Las Letras Hotel for €70M
  • El Corte Inglés sells an emblematic building in Barcelona to Redevco for €200m
  • DeA Capital & Harrison Street Acquire a 600 Flat Development as part of their BtR Joint Venture

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Spanish REIT

Updates on the Iberian & LatAm property market, with a special focus on REITs.

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