Foreigners invested €464M in Lisbon's ARU housing during H1

In the first six months of this year, foreigners invested 464 million euros in the purchase of 800 properties in Lisbon's Urban Rehabilitation Area (ARU), according to Confidencial Imobiliário.

Madrid City Council injects €50M into the Rehabilita 2024 Plan

The investment of the five editions of this plan (2020-21-22-23 and 24) reaches 218 million, a figure that places the city at the forefront of investment in rehabilitation in Spain.

Castilla-La Mancha earmarks €215M to improve housing stock

The regional government is promoting housing rehabilitation through European funds. In addition, Fomento has reaffirmed its commitment to build 10,000 new homes in the region in collaboration with CONCOVI.

Public-private partnership is the recipe for increasing the supply of affordable housing

There is interest in investing in affordable housing, but investors are asking for concrete initiatives in order to test new partnership models. At the last session of Lisbon's Urban Rehabilitation Week on the afternoon of April 10, the focus was on partnerships with private companies for affordable rent.

Portugal wants to develop innovative and affordable housing solutions

The session "New ways of living - coliving, student residences and senior living", which took place on the second day of Lisbon's Urban Rehabilitation Week, showcased diversified responses in terms of housing and new ways of building a city for everyone.

EastBanc sells Alegria One building

Later this year, the sale of the property to a Collective Investment Company (SIC) will be completed. The Príncipe Real Fund will maintain its strategy of investing in the rehabilitation of buildings in Lisbon, particularly in Príncipe Real.

Setúbal opens tender to rehabilitate 88 houses in Quinta do Freixo

Setúbal City Council has approved the opening of a public tender for lots worth around 4.7 million euros.

Deutsche Bank signs in Albacete the largest residential rehabilitation in Spain with Next Gen funds

Taking into account that part of the aid has already been received, the bank will finance 10.6 million of the 13 million budgeted.

Portuguese Government announces €16M investment to rehabilitate Burnay Palace

The Prime Minister announced the investment of 26 million for the rehabilitation of the Burnay Palace and the acquisition of three buildings to expand the Museum of Ancient Art.

Porto, Gaia, Matosinhos and Maia united to face housing challenges

The mayors of Vila Nova de Gaia, Matosinhos and Maia, as well as the vice-president of Porto, attended the opening of Porto's Urban Rehabilitation Week.