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.
- Ryanair responds to complaints in Palma: ‘The passenger upset the gate staff, who denied her boarding’
- Foreign Office updates guide for UK travellers to Spain
- Son Amar owner Margaret Whittaker dies
- Balearics and Canary Islands join forces to fight mass tourism
- It’s not just snakes “invading” the Balearics