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real-estate-news Market News: Spanish Real Estate Intelligence

Bain is the favourite candidate to get the Amundi assets
20 August, Milano Finanza Bain Capital might be the favourite candidate for the acquisition of the Italia assets of Amundi Real Estate. The portfolios belong to the closed-end funds Amundi Italy and Amundi Europe are close to the maturity. They include office assets such as the Wind offices in Rome and the Henkel headquarters in Milan. The total value of the portfolios is around 150 and 200 million euro. Source: Milano Finanza Translator: Cristina Ambrosi
 
AstaSy: 836 properties auctioned every day
19 August, Italia Oggi In the first half of 2019, the auctioned properties were 152,708, against the 128 thousand reported in the same period of last year. The assets are worth over 25 billion euro altogether, although they are reduced on average by 56% once sold. 95% of the properties are valued below 500 thousand euro. 74% of the assets originate from foreclosures, 24% from bankruptcies, agreements among creditors, and debt restructuring. Most of the auctioned properties are located in Lombardy (19.05%), followed by Sicily (8.85%) and Emilia-Romagna (8.53%). Source: Italia Oggi Translator: Cristina Ambrosi
 
Puglia: contruction grew by 4.4% in 2018
21 August, Rete Gargano The construction sector reported a 4.4% growth in Puglia in 2018. Such a result has also been possible thanks to the regional law named Piano Casa, which has been recently extended till 2020. The law favours the urban and real estate revitalization of cities as well as their cultural renewal, the economic growth and social inclusion. Source: Rete Gargano Translator: Cristina Ambrosi