Spanish economy

inmobiliario oficina

Home sales in Spain grow strongly -up 13.7% in July- supported by lower financing costs

Bankinter | Home sales in Spain were up 13.7% in July (year-on-year) versus 17.9% in June, to 64,730 units. The cumulative total for 2025 is 18.6%. Bankinter analysis team’s view: Good news. Transactions are growing strongly, supported by lower mortgage financing costs and with the impact of tariffs on the Spanish economy still very moderate. We are revising our estimates for housing transactions upwards to 10% in 2025 (against a…

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bbva sabadell

BBVA’s Sabadell Bid Begins Today with Offer That Represents 8% Loss for Shareholders

Today, the acceptance period for the takeover bid for Banco Sabadell finally begins. BBVA announced the bid on May 9, 2024, after Sabadell’s board rejected the Basque bank’s friendly offer. In the year and a half since, BBVA has had to secure approval from the Spanish National Markets and Competition Commission (CNMC)—which imposed tough conditions to ensure competition—the Government—which has forbidden the Basque bank from merging for three years, thus…