Madrid Real Estate Exhibition had one of its highest levels of attendance. Find below information about it.
Reception of IEA´s Real Estate Stakeholders at the Argentine Embassy
The Argentine delegation that attended SIMA was received by the Ambassador of Argentina in Spain, Ramón Puerta, on May 25th. The meeting was attended by Gerardo Lozano, Silvina Capellino and Mariano Capellino from INMSA. The entire group of IAE´s Real Estate Stakeholders was present. Spanish businessmen and officers were present as well. The Ambassador Ramón Puerta welcomed the delegation together with other offices of the Embassy and Consulate in Madrid, a short ceremony commemorating the events of May 25th was conducted and, after that, typical Argentine food was served.
Participation of IAE´s Real Estate Stakeholders in IESE training days
IAE´s Real Estate Stakeholders, of which Mariano Cappellino, CEO of INMSA, is a member, organized a refresher and training course at IESE.
IESE Business School is the top MBA School for Latin Americans, at global level, according to the ranking conducted by America Economía Media Group. The conference was headed by Professor Luis Suárez who talked about different relevant topics related to the global vision of the real estate business, the evolution and tendency of the markets and cycles and the analysis of the Spanish market which is currently experiencing recovery and expansion.
During his talk, it was proved that Spain is a big opportunity to invest. Also, statistics about the high level of interest by the global market in such a country have been presented as the largest international funds have acquired companies in the sector in order to have a relevant position in the market and take advantage of the opportunity offered by Spain.
Our conclusions about SIMA 2017 and the Spanish real estate market
SIMA was the space that gathered all players of the sector and investors worldwide to understand the recovery of the real estate sector in the country. Today, Spain is the most attractive market in the world because it offers the best risk-return equation. Statistics show that. During 2015 a real estate record has been achieved, thus exceeding the highest results obtained in 2007. Despite the political crisis, in 2016 there was a 37% growth well above its neighboring countries Italy, France and Germany which had suffered a decrease of more than 10%. Even the United States had a 10% decline.
We can say that it is a new star in the global real estate market. Its GDP has increased more than 3% annually, twice that of the European Union for the third consecutive year, its inflation rate is near 1%, it has 2% annual mortgage rates, there are financing methods available to end users and developers, among other things.
If you want to obtain more information about Spain, here you can download the Spain Annual Report 2016 prepared by INMSA
INMSA present at SIMA
Again, INMSA was present at SIMA fostering the exchange between Spain and Argentina, thus contributing so that Argentine businessmen and investors may see, first-hand, how Spain has got back on its feet and has become one of the real estate markets mostly appreciated by investment funds at global level. Mariano Capellino, CEO of INMSA, was present, who was interviewed by SIMA’s organizers at the exhibition itself, also Gerardo Lozano, CFO of the company and Silvina Cappellino, Account Manager, were present.
