All Market News: Spanish Real Estate Intelligence

Evictions are currently prohibited until 31 January and the Executive is considering changing the rules to prolong the extraordinary measures.

Large international funds and property developers are taking advantage of the e-commerce boom to close 'safe-haven' operations in the Spanish property market.

Hotels have been forced to adapt to new ways of using their facilities to withstand the crisis; examples include renting rooms for longer stays and offering coworking spaces.

In an interview with Brainsre.news, the CEO of Sierra Blanca Estates, Carlos Rodríguez, explains that his company is building the EPIC Marbella development and one of the Málaga Towers, on which it will spend 250 million euros.

The Socimi has acquired a nursing home for the elderly in the province of Barcelona for which it is going to pay 3.78 million euros.

The American e-commerce giant is considering opening a new logistics centre on a 200,000-square-metre plot next to the Portuguese border.

This platform will be the company's fourth on the 'Puerta Centro Ciudad del Transporte' industrial estate in Guadalajara and will require investment of 27 million euros.

The new investment vehicle, called Mibani, is being promoted by the firm NK5, which is owned by the former CEO of Telefónica and the former president of Arcano, Juan José Nieto.

Investment by British companies in Spain during the first half of 2020 exceeded 1 billion euros, with real estate being one of the favourite sectors.

The plan is to sell the business complex and subsequently lease it to the Junta de Andalucía, which will open the new 'City of Justice' on the site.