The logistics market continues to demand the most competitive pricing. The sector performs in terms of both investment and stellar growth and is expected to continue doing so. Though Madrid and Barcelona remain the primary targets of investors, the Spanish market has opened out, resulting in rising demand from logistics operators in cities like Valencia, Malaga, Bilbao, Zaragoza and Sevilla.

Dream Logistics, at present, has additional expansion investment funds mandated for this sector of €250m with a potential to scale up to €500m, should opportunities warrant additional investment.

DREAM actively creates value across the entire retail real estate spectrum. Through its associate company Castellana Properties, DREAM identifies and executes attractive retail investment opportunities that offer stable and growing income and attractive capital growth through innovative asset management initiatives. Our dominant high quality retail destinations are central gathering places and high-activity nodes in the communities they serve.

In recent years, Spain has witnessed a shift away from predominantly private ownership towards rental homes. Although levels are still a far cry from the European average, there remains significant scope for this sector to expand further in Spain.

Rental housing demand spiked following the effects of the 2008 and 2011 crisis’   and the rental housing trends in Spain continued to show steady growth in this sector until covid. We are expecting a material contraction in rentals and non-payment levels, however as construction will taper off, unless new product is brought to market we envisage the long term growth of this sector to be maintained.

Specialising in affordable rented residences has demonstrated to be a successful strategy for investor seeking a stable income return. Due to covid we expect to see above average growth in the social housing sector which will offer above average returns as demand increases and construction costs remain stable or even reduce.

Our investment strategy includes active asset management in conjunction with ADMARA’s expert PRS-focused team. We strive to creating well balanced portfolios.

The development and management of office properties in key locations. Tenant-centred operations from an owner’s perspective and creative options to stabilise occupancy or reposition assets including transformation of traditional office space into innovative working environments to benefit from the increasing tenant demand for flexible and creative workplaces. Our expert team of skilled professionals, who are purely office focused, fall under the ADMARA team.

There is a high investor interest in this specific sector given the present effect of this covid crisis. Given that Spain was annually the second most visited country globally and the sector forcefully shut down as a result of the lockdown period, there are various hoteliers that have found themselves over extended and facing serious liquidity issues, hence offering a more opportunistic aspect at present.

The Spanish market senior care structure has catered in the past for the healthier expat retiree who is still independent and needing less active medical support. Once reaching the stage where the individuals needs increase, many choose to return to their country of origin where their systems are more geared towards their specific needs and they can be closer to their family.

Presently Spain lacks purpose built, holistic care Retirement Villages.  There are very few lifestyle-focused environments that incorporate quality care and concierge options in modern, secure urbanizations. This benchmark of quality care is new to Spain and designed to appeal to the discerning mature market, many of whom are from neighboring European countries.

The future market focus is on providing a professional, gerontology experienced care in high quality, purpose built, Lifestyle orientated developments. Beautiful stylish, upscale residences that offer a plethora of social and leisure amenities essential to residents’ physical and mental wellbeing.

Spain which has a population of 47m has witnessed a sharp increase in the number of students studying at university level. The official estimate for the period 2018-2025 is an increase of 11 percent in the population aged between 18 to 24 years.
In addition to the above, there is a potential pool of over 500m Spanish speaking individuals located outside of Spain.

All this together with the demographic appeal Spain offer students is fuelling the development of purpose-built accommodation by the private sector.
Up until 2017/18  the investment focus was for Student Housing located in the major cities of  Madrid and Barcelona.

Presently investors are now looking towards PBSA in undersupplied regional cities such as Valencia, Granada, Malaga, Seville, Pamplona and Salamanca.
PBSA (purpose-built student accommodation) has become a lucrative investment for real estate investment with sound operating partners.