Iberian Property on LinkedIn: C&W - INVESTMENT DEMAND RETURNS TO LOGISTICS IN SPAIN & PORTUGAL | IPI#8 (2024)

Looking to the Spanish #StockMarket there is a stable dividend spread and the listed property companies are amongst the “cheapest sectors” to invest in."What we should do is differentiate between those asset classes with structural opportunities, like #DataCentres or #Logistics, from the asset classes with structural challenges such as #Offices. Still, in #Spain even the challenged ones will most likely present good opportunities in the next 12-24 months".Read the main take-aways fromMariano Miguel Hidalgo, Equity Research Analyst – Real Assets at Banco Santander, who joined us in#Madridfor the IBERIAN #REIT & LISTED Conference 2024, organised by Iberian Property andEPRA.HERE: ➡️https://lnkd.in/dUEGhRvh

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Stabilisation of interest rates and #inflation pose a scenario of simpler decision-making in 2024!The global economy has proved much more resilient than expected at the start of the year, and the Spanish #economy has performed more robustly than its European neighbours as a consequence of the substantial proportion that the #service sector and #tourism represent in the national economy.Read the main take-aways from Borja Ortega, CEO atBNP Paribas Real Estate Spain, and from Luigi Speranza, Chief Economist at BNP Paribas who joined us in#Madridfor the IBERIAN REIT & LISTED Conference 2024, organised by Iberian Property andEPRA.HERE: ➡️https://lnkd.in/d373b8mk

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#Retail new prices are quite tempting on a yield-on-cash standpoint!The main question mark for the future of #SOCIMIs invested in this sector is wether private consumption will remain as resilient as it has been so far.Read the main take-aways fromIsmael Clemente, CEO at MERLIN Properties, who joined us in#Madridfor the IBERIAN REIT & LISTED Conference 2024, organised by Iberian Property andEPRA (European Public Real Estate Association).HERE: ➡️https://lnkd.in/dPkwycdX

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Listed real estate in #Spain outperforms the European indexIn 2024 we celebrate the 10th anniversary of the first listing operations in Spain, and the #SOCIMIs (Spanish #REIT model) seem to be a clear European example other countries should aspire to follow.Read the main take-aways fromDominique Moerenhout, who joined us in #Madrid for the IBERIAN REIT & LISTED Conference 2024, organised by Iberian Property andEPRA (European Public Real Estate Association).HERE: ➡️https://lnkd.in/dwS3G8Mk

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Free float: a barrier to access the continuous market?The continuous market disclosure obligations and free float requirements are some of the main obstacles to #SOCIMIs backed by large investment funds.The entrance of minority investors can mean losing asset value, with #shares trading at a NAV discount...something #funds definitely don't appreciate.Read the main take-aways fromLaura F. experience in two SOCIMIs backed-up by Blackstone - Testa Home and Fidere Patrimonio SOCIMI SAU - who participated on the first IP TALKS of 2024, organized by Iberian Property with the support ofClifford Chance Spain.HERE: ➡️https://lnkd.in/dSknUTgi

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Are alternative markets prepared to sustain the #SOCIMIs expansion?At the constitution date of the P3 Logistic Parks SOCIMI they had only 70,000 sqm of #logistics space under management, and the regime supported their exponential growth to currently having more than 850,000 sqm.Read the main take-aways fromJavier Mérida García and Raquel Hernández, on the first IP TALKS of 2024, organized by Iberian Property with the support ofClifford Chance Spain.HERE: ➡️https://lnkd.in/dMsGW8NN

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96% of Spanish #SOCIMIs are listed on alternative markets"Even though there was a boom between 2014-2019, there is still a strong pipeline to new SOCIMIs incorporation, and there are many segments unexplored".Read the main take-aways from Pablo Serrano de Haro Martínez, on the first IP TALKS of 2024, organized by Iberian Property with the support of Clifford Chance Spain.HERE: ➡️ https://lnkd.in/dR9vUR4X

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In 2019, the model of #REIT was introduced into the Portuguese legal framework with the creation of the so-called SIGIs…still, after these years we have only 3 of these vehicles. On this #podcast episode João Torroaes Valente and Marisa Larguinho, both lawyers at , tell us about what’s missing to attract more companies to join this regime.Listen now to find out the "fine tunings" needed in #legal and #tax matters to convert this Portuguese REIT regime (SIGI) into a more efficient mechanism, alongside with other central vehicles structures available to invest in the country.➡️ https://lnkd.in/dpdwth_Q

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For a leading listed real estate company what are the opportunities revealed by this new #Technology & #ArtificialIntelligence wave?On a round table session moderated by António Gil Machado (FRICS), Valentina Shegoyan, Bill Kistler, and Alvaro Ontanon, discuss this technologic movement which is older than it appears, analyzing the most impacted segments, and its implications for strategies and asset #valuation. VI Iberian #REIT & Listed conference, the place to be to get answers to some of the most difficult questions that influence our sector!

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