offices Market News: Spanish Real Estate Intelligence

The insurer expects to finalise the sale this summer and has already received several offers for the five buildings, which are leased on a long-term basis to the Generalitat de Catalunya.

Office investment will exceed 545 million euros in the first half of the year in Barcelona, 73% more than in the same period last year, according to CBRE.

The Latin American group Onix Capital Partners has inaugurated Polaris at 12 Avenida Manoteras in Madrid after two years of construction.

Brainsre.news recopila todos los detalles de las transacciones más relevantes del sector inmobiliario español en los últimos 7 días.

The Spanish socimi has agreed to acquire Crédit Agricole's stake in its French subsidiary and is launching a takeover bid for the remaining minority shareholders.

According to a report by Barclays, Spain, along with the UK, is expected to have the hughest amount of surplus office space, up to 27%.

The real estate company plans to start work on the Ágora office project in 2022, which will be able to accommodate 750 workers and will be located on a plot next to the Tabacalera building.

The company has sold a more than 4,300 square metre office building, which is leased by the flexible spaces company Spaces, to a Catalan family office.

The acquisition of the Montepino portfolio, one of the most important deals of the year, was completed in May, as well as other important transactions in the hotel and build-to-rent sectors.

The property is a 9,900-m2 office complex located in Barcelona's 22@ district, which is currently leased to the Generalitat de Catalunya.