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09:38 25/01/2009

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Spanish Property News

 








AFP

BBVA net profit hit by Spanish property, US writedowns
Reuters
MC), Spain's second-biggest bank, fell 35 percent to 3 billion euros ($4 billion) last year, hit by provisions for bad property loans at home and a previously announced one-off charge on its US business. Spanish lending has dwindled as the jobless rate ...
BBVA takes €1.5bn writedown on US businessFinancial Times

all 109 news articles »
12:29 PM 02/02/2012


Overseas Property and Investment News

Spanish real estate assets hit Santander profits
Overseas Property and Investment News
One of the reasons given by the company for its poor performance is its exposure to toxic Spanish property assets. The financial institution has set aside €1.8 billion to cover losses on repossessed dwellings in the south European nation at 50 per cent ...
Santander feels pain of Spanish property hangoverReuters
Santander Profit Slumps After Spanish Real-Estate CleanupBusinessWeek
Santander feels pain of real estate hangoverReuters UK
RTT News -Washington Post
all 214 news articles »
08:36 AM 02/02/2012


A Place in the Sun

Waiting lists for Spanish properties
A Place in the Sun
Property in Spain is proving so popular with overseas buyers that many developments are having to instate waiting lists in order to allocate apartments. At the bank-owned Vera Playa Sol development in Costa Almeria – dubbed Spain's “Best key-ready buy” ...

09:47 AM 02/03/2012


Overseas Property and Investment News

Is Murcia set to be a hotspot for Spanish property investment?
Overseas Property and Investment News
Murcia looks set to be the next big destination in Spain and buyers may want to consider their investment options here, if one local agent is to be believed. Steve Long, chief executive officer of CasaCalida Property Group, has highlighted several ...
Murcia tipped to become a property hot spotProperty Community

all 2 news articles »
08:35 AM 02/03/2012


Bloomberg

Spain Could Yet Regret Its Incomplete Banking Solution
Wall Street Journal (blog)
By SIMON NIXON It has been nearly five years since Spain's property market imploded. Since then, the fallout from the real-estate bust has caused a banking crisis that in turn has led to a sovereign-debt crisis. It was, therefore, essential that ...
Spain Coaxes Banks to Merge as Extra Time Given to Purge LossesBloomberg
Spanish banks: Government moves to protect banks from toxic real estate holdingsGlobalPost
Spain wants banks to set aside €50 billionRTE.ie
MiamiHerald.com
all 19 news articles »
03:22 AM 02/04/2012







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