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001 L152420
008 110307e2011 xxk 000 0 eng d
035 _a(Sirsi) u152420
041 0 _aeng
110 2 _aEuroProperty
_91216
245 0 0 _aSurvey
_bSpain
260 _c2011
490 0 _aEuroProperty
_v21 February 2011, 19-23(5)
520 _aSpain is still recovering three years after the property bubble exploded. Foreign investors see value in Spanish retail assets as sale and leasebacks prove particularly attractive. The total Spanish bank debt related to real estate has reached around Euros 300bn. Spanish banks are forming companies to buy back distressed assets. Few refinancing deals will push debt-laden properties onto the market at good prices. Spanish corporates are consolidating into new prime office space outside of the central business districts to shrink their expenses, pushing rents down amid high take up levels.
590 _aKA
651 4 _aSpain
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY FINANCE AND INVESTMENT
942 _n0
999 _c82959
_d82959