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Madrid, Barcelona office investment falls 30% – Aguirre Newman
19 January 2012, 01:59 AM
Office investment in Madrid and Barcelona dropped by 30% in 2011 to ¤938m despite the ¤400m sale of Madrid’s Torre Picasso, according to realtor Aguirre Newman. This reflects restricted financing and the country’s perceived risk factor.
Similar articles:
- Barcelona logistics take-up rebounds, shrinks in Madrid
- Spain’s Catalonia plans ¤450m property sale
- Spain’s regions plan RE disposals, Andalusia eyes ¤600m
- Madrid, Barcelona office investment at low but take-up rising
- Spain’s office values set to fall further – Capital Economics
- Lisbon office take-up falls 54%, supply tightens – Aguirre
- Madrid keen to facilitate ¤16bn ‘Eurovegas’ project
- British RBS sells 50% stake in Madrid properties
- Spain’s Reyal Urbis in debt conversion as losses persist
- Spain’s office recovery stronger in second-tier – BNP RE
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