Etiqueta 'Investment funds'
The Balearics - a region with one of the highest percentages of homes in the hands of large owners
A significant number of properties in the hands of large owners were empty.
Business
Investment funds lining up purchases of hotels in Majorca
Lack of liquidity will force hotel groups into selling some assets.
Hotels
Sales of Balearic hotels to investment funds expected to treble
Lack of tourists and shortage of liquidity are driving the value of hotels down.
Business
Balearics hotels at knockdown prices for investment funds
Majorca's hotels are highly attractive to investment funds, and prices could now make them even more so.
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- Balearic tourist tax increase could be scrapped
- Massive new fines for speeding in Spain
- Palma Plaça Major traders - "We're being ripped off"