Last spring, IMN and Planner Exhibitions brought together 250+ international and domestic investors, developers, lenders, and other players in the Spanish real estate market to share insights and develop relationships. Since then, international investors have continued to increase their activity, demonstrating that the Spanish market is poised to continue to grow.
According to RICS, property demand in Spain is increasing at the fastest rate among the continents most damaged markets. Investor sentiment hit a turning point after a whirlwind six months of Spanish real estate deals. January saw New York based private-equity firm Apollo Global Management LLC buying the real estate unit of Banco Santander SA, Spains biggest bank by assets, for 664 million euros. In March, the Madrid-based REIT Hispania Activos Inmobiliarios SA raised 500 million euros from investors, including George Soross Quantum Strategic Partners LP and John Paulsons Paulson & Co.
Activity reached a new height in June after private-equity firm Lone Star Funds and JPMorgan Chase & Co. bought a 4.4 billion euro portfolio of Spanish and Portuguese commercial property loans from Commerzbank AG of Frankfurt. To cap it all off, Merlin properties also raised 1.25 billion euros in Spains largest IPO in three years, encapsulating the continued forward progress and strengthening recovery of the Spanish real estate market.
2014 Highlights:
Expert speaker faculty boasting of 60 industry-leaders including: Sareb, JP Morgan, Balmain Asset Management, Apollo, Magic Real Estate, TIAA Henderson, Starwood, Kennedy Wilson, H.I.G. Capital and more!
Strong attendance local Spanish institutions at the center of the activity of the lucrative real estate deals
250+ registered attendees
15 discussions on the opportunities and challenges in Spains real estate market
Networking, networking, networking
Reference discount code “GFM” when registering for 10% savings.