Link Securities | The company informed the CNMV of the approval by the Board of Directors, on 6 July 2023, of a related-party transaction, consisting of the subscription by Realia of a loan with FCC, the reference shareholder of the real estate developer, for an amount of €40 million under the terms and conditions set out in the favourable report issued by the Audit and Control Committee, on 5 July…
MADRID | By Jaime Santisteban | Chinese real estate sector saw its outlook downgraded by Moody’s while Spanish housing sector keeps on moving forward, appealing institutional investors. Blackstone, PSP, Drago Capital, Colonial represent the increasing appetite for properties in Madrid and Barcelona. And don’t miss Fed’s Charles Plosser words: he believes the US central bank is “sitting on a ticking bomb.”
MADRID | By Fernando G. Urbaneja and Julia Pastor | The depressed Spanish real state sector wakes up slowly, and hopefully, steady thanks to Inmobiliaria Colonial and Realia, two midcap construction companies, which went through the sorrows of housing markets crash. The first is involved in a €1 billion capital increase; the second is said to be bought a major stake by Amancio Ortega, Inditex chairman and third world’s wealthiest businessman.