16 September 2019 – Xpandia, a developer specialising in building hotels, announced that it expects to invest a total of 43 million euros in eight assets throughout 2019. The company currently has five projects underway and is looking to acquire another three. All but one of the assets are located in Valencia and Andalusia. The last is in Madrid and would be Xpandia’s first investment in Spain’s capital.
Original Story: Eje Prime – Marc Vidal Ordeig
Adaptation/Translation: Richard D. K. Turner
10 July 2019 – Richard D. K. Turner
Inbest, the commercial real estate socimi founded by Corpfin Capital, debuted on Spain’s MAB stock market this week, just ten months after its incorporation. The socimi has already had an impact on the market, focusing on high-street retail premises.
The firm has disbursed €378 million of its €400-million investment capacity, mainly through its acquisition of three El Corte Inglés stores and the commercial gallery in Madrid’s Edificio España.
Original Story: Cinco Dias – Javier García Ropero