This coming Monday, Colonial will join the Ibex 35, meaning that Spain’s two biggest socimis will now be represented in the selective index. The weighting of Spain’s property sector in the index will also be increased as it continues its recovery.
spain property crisis
Eight years after the real estate bubble officially burst, all the existing indicators point to the sector’s crisis being over, although there are still some loose ends and some kind of legacy, such as the banking sector’s non-performing loans. But the data shows we can definitively put behind us an enormous problem which was a threat for the economic system for too long.