The Junta de Andalucía Sells 15 Industrial Plots for c. €1M

March 2019 – Onda Cero

The Agency for Housing and Rehabilitation in Andalucía (AVRA) has sold 15 industrial plots of land in the province of Jaén for around €1 million. The buyers expect new companies to open facilities on the plots and existing companies to expand.

Together, the plots span a total surface area of 11,967 m2, and the interested parties have paid €904,508 in total. Six of the plots are located on the Llanos del Mazuelo industrial estate, in Alcalá la Real; three are situated in Torredelcampo, two in Arjona, two more in Torredonjimeno, one in Villacarrillo and one in Huelma.

Original story: Onda Cero 

Translation/Summary: Carmel Drake

AVRA Sold 21,000 m2 of Land for Social Housing in Córdoba in 2017

31 January 2018 – 20 Minutos

That is according to a statement by the Ministry of Development and Housing, which noted that four operations were closed in total for around €6 million. Most of the land sold by the Ministry in the province of Córdoba was assigned for residential use, for the development of homes for social housing purposes, up to a total of 21,258 m2 with capacity for the construction of almost 400 VPO homes in the capital’s expansion area of Huerta Santa Isabel.

The plots were awarded to the municipal housing company, Vimcorsa, which will undertake the upcoming construction of almost 300 subsidised homes, which will be added to another 78 units that the regional Administration is also planning to build in this enclave.

Moreover, plots with a total surface area of 688 m2 were awarded in the municipality of Obejo, for the construction of six private market homes, for €68,923.

Most of the plots sold were owned by the Agency for Housing and Rehabilitation in Andalucía (AVRA), which took the decision at the start of this legislature to focus again on selling land as one of its strategic lines. It had slowed down that activity in previous years, during the most critical period of the crisis, according to the regional delegate from the Ministry of Housing and Development, Josefina Vioque.

The delegate indicated that “the drive to manage the properties owned by AVRA has become a priority. The objective is to put these assets on the market to serve business initiatives that promote economic development and the generation of employment in the construction sector, one of the hardest hit during the crisis”.

Vioque expressed that “the decision to recover this activity, involving the sale of regional land, was taken in light of the fact that the market was starting to show signs of recovery in terms of real estate activity. The main objective is to generate revenues to allow us to resume other activities, such as the construction of social housing for families with housing needs and scarce or zero possibilities of affording a home in the private market, like the ones we are now promoting in Córdoba”.

The VPO activities that are going to be promoted, in addition to the developments in Córdoba, will be located in Cádiz and Málaga, where the Ministry is already working to draft the technical plans, whilst the process to obtain the necessary financing to undertake these activities is being finalised.

The land sale activity resumed by AVRA since the beginning of this legislature has resulted in the award of almost 300,000 m2 of land, of different types, at the regional level, for a total amount of €50.7 million, over the last three years.

The sum of the industrial land sold during this period, 183,055 m2, once again places that use as the one that generates the best results in terms of awarded surface area. Residential land awarded over the last three years spans almost 110,000 m2. Those plots have the capacity for the construction of 1,476 homes, of which 891 will be subsidised housing and the remaining 585 will be private homes.

Original story: 20 Minutos

Translation: Carmel Drake

Junta de Andalucía Sells 45,000 m2 of Land in Jaén for €3.8M

8 January 2018 – La Vanguardia

The four offers that were submitted relating to the sale of the properties owned by the Junta de Andalucía, which the Ministry of Development and Housing convened in 2017 through the Agency for Housing and Rehabilitation in Andalucía (AVRA), have allowed it to award plots with a total surface area of 45,780 m2 for a value of €3.89 million in the province of Jaén.

The Minister for Development and Housing, Felipe López, stressed that most of the public land that has been sold in the province has been assigned for industrial use. “This is allowing us to contribute to boosting the economy and to creating jobs in the towns in which the plots are located, through the companies that are opening facilities on those plots”, he said on Monday in a statement.

He underlined the importance of this initiative, promoted by the Junta, with the aim of placing public assets at the disposal of the business community to boost the development of new projects and business initiatives that foster economic activity and employment.

The industrial plots sold in the province of Jaén during 2017 are mainly located in the towns of Alcalá la Real, whose Los Llanos del Mazuelo industrial estate recorded a significant increase in activity last year, and Martos, on the Cañada de la Fuente industrial estate.

Plots were also disposed of in the ZI-2 production area of Torredonjimeno, on the industrial estate on the Carretera de Los Arquillos, in Villacarrillo; in Los Rubiales (Linares) and on the Los Retiros industrial estate, in Huelma.

Moreover, other premises, parking spaces and storerooms were awarded in several towns in the province of Jaén, including in Andújar, Cazorla and Jaén, which generated revenues amounting to €385,061.

Most of the plots of land sold were owned by the Agency for Housing and Rehabilitation in Andalucía, which, according to López took the decision to make land sales one of its strategic lines at the beginning of this legislature, after that activity had slowed down in previous years, during the toughest period of the crisis.

By contrast, some of the awarded plots belonged to the Junta de Andalucía, which engaged AVRA to manage its assets.

The Board said that the decision to recover this activity was taken in light of the fact that the markets are starting to show signs of recovery in terms of real estate activity and “with the aim of obtaining revenues to allow us to resume other activities pertinent to the Agency, such as the promotion of social housing for families with housing needs and scarce or no possibilities of accessing a home in the private rental market” (…).

The land sale activity resumed by AVRA at the beginning of this legislature has permitted the award of almost 300,000 m2 of land allocated to different uses for a total amount of €50.7 million over the last 3 years (…).

Original story: La Vanguardia

Translation: Carmel Drake