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Advent Pays 100 Million for Spanish Property Valuation firm Tinsa
Advent International announced Wednesday that it had acquired a 94.5% stake in the Spanish property valuation business Tinsa. The transaction is valued at 100 million euros and has received approval by the Bank of Spain. Tinsa expects to turn out over...
Property prices declined by 18% since the beginning of the crisis
The price of housing in Spain has fallen by around 18 per cent since the beginning of the crisis around December 2007. According to recently released figures from the appraiser Tinsa, coastal areas especially the Costa del Sol and the Costa Blanca have...
Spanish Property Prices Still Decreasing
As the sale of Spanish property registered an increase of 10.7 per cent in the first half of 2010 compared with the same period in 2009, the property prices have seen a drop of 4.3 per cent in July compared to the same month in 2009. The Spanish Property...
House prices in Spain could fall by 12 per cent, says S&P
The Spanish property market crash has not yet hit bottom. The Standard & Poor’s rating agency believes that the country is still “a long way to go,” and that prices could still fall another 12%. The authors believe that “the...
