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All Market News: Spanish Real Estate Intelligence

Coima, Covivio, Hines and Värde Partners competing for Porta Romana in Milan
13 June, Bebeez Coima, Covivio, Hines and Värde Partners are the four candidates for the old railway yard of Porta Romana in Milan, an area covering 216 thousand Sq m. The City of Milan intends to sell and requalify it, possibly to be used to host the athletes if Milan is to host the Olympic games in 2026. In this case, its sales and requalification will happen in a very short time, even though no official tender has been published yet. Source: Bebeez Translator: Cristina Ambrosi
 
The Rome residential market grew by 3% in 2018
14 June, Leggo In 2018 Rome reported 32thousand transactions (+3%), representing 92% of the sales in the region of Lazio. In the first quarter of 2019, transactions in Rome were 7,921, registering a 12% growth (it was 11% in Milan). Source: Leggo Translator: Cristina Ambrosi
 
EY: 81% of the leasing impaired loans come from real estate
07 June, Bebeez At the end of 2018, leasing companies reported impaired loans for 19.3 billion euro, 12.9 billion euro of which were represented by NPLs, while UTPs were 6.1 billion and past-due credits 200 million. The figures show an improvement on the overall, although real estate credits constitute 81% of the leasing impaired loans. Leasing impaired loans represent 19.8% of the total exposure of real estate leasing (54 billion euro). Credits with amounts lower than 2.5 million euro constitute 48% of the total. Source: Bebeez Translator: Cristina Ambrosi