All Market News: Spanish Real Estate Intelligence

The investment firm will pay 80 million euros to Grupo Faranda, which is owned by the Fernández Hoyos family.

The hotel joint venture between Stoneweg and Bain Capital is expected to pay 200 million euros for the property to the British-Iraqi businessman Nadhmi Auchi.

The Socimi will pay a dividend of 36 cents per share at the end of the month, corresponding to a total disbursement of 30 million euros.

Moreover, it improved its EBITDA by 24% to 31 million euros compared to the same period a year earlier.

The two new assets represent the company's third and fourth investments in the region and will together add up to 52,345 square meters to its portfolio. They will both be available from the second quarter of 2023.

Adif has put up for auction a plot of land with a buildable surface area of 1,385 square metres, which could become the site of an office building or some kind of social-housing accommodation.

The shopping centre, which has a GLA of 16,400 m2, currently has an occupancy rate of 95%.

The residential complex will have a constructed surface area of 7,500 m2, distributed among 37 homes, as well as a commercial premise, common areas and parking.

The Socimi founded by Ander Michelena and Jon Uriarte has closed a capital increase of 18 million euros.

The company owns two assets in Cataluña, which it has sold for 110 million euros.