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    <channel>
        <title>Construction and property - NEWS BBVA</title>
        <atom:link href="https://www.bbva.com/en/economy-and-finance/economy/economic-sectors/construction-property/feed/" rel="self" type="application/rss+xml" />
        <link>https://www.bbva.com/en/</link>
        <description>NEWS BBVA</description>
        <lastBuildDate>Thu, 09 Apr 2026 08:56:58 +0200</lastBuildDate>
        <language>en-US</language>
        <sy:updatePeriod>hourly</sy:updatePeriod>
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                                <item>
                    <title>BBVA, the best real estate provider in Latin America, according to Euromoney</title>
                    <link>https://www.bbva.com/en/bbva-the-best-real-estate-provider-in-latin-america-according-to-euromoney/</link>
                    <pubDate>Tue, 27 Sep 2022 07:35:07 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Alexandra Rojas Rodríguez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic sectors]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=936607</guid>
                                            <description>
                            <![CDATA[The British publication has once again recognized BBVA as the bank with the best real estate solutions in the region. Furthermore, Euromoney named the Peru and Argentina franchises as finalists in their respective countries, thanks to their home loans.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The British publication has once again recognized BBVA as the bank with the best real estate solutions in the region. Furthermore, Euromoney named the Peru and Argentina franchises as finalists in their respective countries, thanks to their home loans.]]>
                        </content:encoded>
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                                <item>
                    <title>BBVA partners with Fifth Wall Climate Fund to invest in technologies to decarbonize the real estate industry</title>
                    <link>https://www.bbva.com/en/sustainability/bbva-partners-with-fifth-wall-climate-fund-to-invest-in-technologies-to-decarbonize-the-real-estate-industry/</link>
                    <pubDate>Wed, 06 Jul 2022 07:15:51 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[XE98434]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[BBVA Sustainability Projects]]>
                            </category>
                                                    <category>
                                <![CDATA[Carbon Footprint]]>
                            </category>
                                                    <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Sustainability]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=920696</guid>
                                            <description>
                            <![CDATA[BBVA and US venture capital firm Fifth Wall, are joining forces to invest in technologies that address climate change in the real estate and construction industries, which make up 40% of the global total carbon dioxide emissions.Through Fifth Wall’s Climate Fund, BBVA will invest in companies seeking decarbonization solutions that address the entire lifecycle of buildings.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA and US venture capital firm Fifth Wall, are joining forces to invest in technologies that address climate change in the real estate and construction industries, which make up 40% of the global total carbon dioxide emissions.Through Fifth Wall’s Climate Fund, BBVA will invest in companies seeking decarbonization solutions that address the entire lifecycle of buildings.]]>
                        </content:encoded>
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                                <item>
                    <title>BBVA reaches an agreement to purchase Tree Inversiones Inmobiliarias from Merlin Properties</title>
                    <link>https://www.bbva.com/en/bbva-closes-a-deal-with-merlin-to-buy-back-662-branches/</link>
                    <pubDate>Fri, 01 Apr 2022 15:51:32 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[miriam.gidron]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Investments]]>
                            </category>
                                                    <category>
                                <![CDATA[Mergers and acquisitions]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=902517</guid>
                                            <description>
                            <![CDATA[BBVA has reached an agreement to purchase <a href="https://shareholdersandinvestors.bbva.com/wp-content/uploads/2017/06/20090925_HR_Arbol_tcm927-347262.pdf" target="_blank" rel="noopener noreferrer"><strong>Tree Inversiones Inmobiliarias SOCIMI</strong></a> from Merlin Properties. The company has 665 offices rented to BBVA. These offices that currently belong to Merlin are part of the package that BBVA sold to Tree Inversiones in 2009-2019 under a sale and lease back contract.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA has reached an agreement to purchase <a href="https://shareholdersandinvestors.bbva.com/wp-content/uploads/2017/06/20090925_HR_Arbol_tcm927-347262.pdf" target="_blank" rel="noopener noreferrer"><strong>Tree Inversiones Inmobiliarias SOCIMI</strong></a> from Merlin Properties. The company has 665 offices rented to BBVA. These offices that currently belong to Merlin are part of the package that BBVA sold to Tree Inversiones in 2009-2019 under a sale and lease back contract.]]>
                        </content:encoded>
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                                <item>
                    <title>Big data, apps and blockchain: the innovative technology revolutionising the property sector</title>
                    <link>https://www.bbva.com/en/innovation/big-data-apps-and-blockchain-the-innovative-technology-revolutionising-the-property-sector/</link>
                    <pubDate>Fri, 11 Mar 2022 01:20:20 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[cristobal.baeza]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Innovation]]>
                            </category>
                                                    <category>
                                <![CDATA[Technology]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=894300</guid>
                                            <description>
                            <![CDATA[In recent years, the term proptech (technology applied to property) has become popular across the various strands of the housing market. The emergence of startups using tech tools like big data and artificial intelligence, as well as the inevitable digitisation of countless traditional companies due to the Coronavirus crisis, has laid the foundations for this sector to be reinvented.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[In recent years, the term proptech (technology applied to property) has become popular across the various strands of the housing market. The emergence of startups using tech tools like big data and artificial intelligence, as well as the inevitable digitisation of countless traditional companies due to the Coronavirus crisis, has laid the foundations for this sector to be reinvented.]]>
                        </content:encoded>
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                                <item>
                    <title>BBVA sells a mortgage-loan portfolio worth €1.5 billion</title>
                    <link>https://www.bbva.com/en/bbva-sells-a-mortgage-loan-portfolio-worth-e1-5-billion/</link>
                    <pubDate>Wed, 26 Dec 2018 19:05:08 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Mergers and acquisitions]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=597939</guid>
                                            <description>
                            <![CDATA[BBVA has signed an agreement to transfer a credit portfolio, which is composed by mortgages credits (mainly non-performing and in default), with an aggregate balance amounting to approximately €1.49 billion to Canada Pension Plan Investment Board (CPPIB). The transaction is part of BBVA’s strategy to reduce to the fullest its exposure to real estate risks in Spain.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA has signed an agreement to transfer a credit portfolio, which is composed by mortgages credits (mainly non-performing and in default), with an aggregate balance amounting to approximately €1.49 billion to Canada Pension Plan Investment Board (CPPIB). The transaction is part of BBVA’s strategy to reduce to the fullest its exposure to real estate risks in Spain.]]>
                        </content:encoded>
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                                <item>
                    <title>BBVA closes sale of Spanish real estate business to Cerberus</title>
                    <link>https://www.bbva.com/en/bbva-closes-sale-of-spanish-real-estate-business-to-cerberus/</link>
                    <pubDate>Wed, 10 Oct 2018 15:46:51 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=582774</guid>
                                            <description>
                            <![CDATA[After obtaining all required authorizations, BBVA closed the transaction that will transfer its real estate business in Spain to Cerberus Capital Management, L.P. The deal was <a href="https://www.bbva.com/en/bbva-reduces-almost-entirely-its-real-estate-exposure-jv-cerberus/" target="_blank" rel="noopener noreferrer">announced in November 2017</a>. The closing of the transaction results in the sale of 80 percent of Divarian’s share capital to Cerberus, the company created to transfer the real estate portfolio. BBVA is to retain the remaining 20 percent stake.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[After obtaining all required authorizations, BBVA closed the transaction that will transfer its real estate business in Spain to Cerberus Capital Management, L.P. The deal was <a href="https://www.bbva.com/en/bbva-reduces-almost-entirely-its-real-estate-exposure-jv-cerberus/" target="_blank" rel="noopener noreferrer">announced in November 2017</a>. The closing of the transaction results in the sale of 80 percent of Divarian’s share capital to Cerberus, the company created to transfer the real estate portfolio. BBVA is to retain the remaining 20 percent stake.]]>
                        </content:encoded>
                                                        </item>
            
                                <item>
                    <title>BBVA to sell its Testa stake for €478 million</title>
                    <link>https://www.bbva.com/en/bbva-to-sell-its-testa-stake-for-e478-million/</link>
                    <pubDate>Mon, 17 Sep 2018 09:50:31 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Divestments]]>
                            </category>
                                                    <category>
                                <![CDATA[Housing]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=577067</guid>
                                            <description>
                            <![CDATA[BBVA continues making headway in its strategy to cut down its real estate exposure. BBVA has reached an agreement to sell its 25.24 percent stake in Testa to Blackstone for a total of €478 million.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA continues making headway in its strategy to cut down its real estate exposure. BBVA has reached an agreement to sell its 25.24 percent stake in Testa to Blackstone for a total of €478 million.]]>
                        </content:encoded>
                                                        </item>
            
                                <item>
                    <title>BBVA reduces real-estate exposure in record time with sale of €1 billion portfolio</title>
                    <link>https://www.bbva.com/en/bbva-reduces-real-estate-exposure-record-time-sale-e1-billion-portfolio/</link>
                    <pubDate>Mon, 18 Jun 2018 06:51:38 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Mergers and acquisitions]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=518497</guid>
                                            <description>
                            <![CDATA[BBVA has agreed to sell a property development loan portfolio worth €1 billion (gross) in a deal that virtually puts the finishing touches to its strategy of reducing its real-estate risk in Spain in half the time initially expected. BBVA estimates that including all the operations announced since December 2016 it has cut its gross exposure to the sector by €20 billion.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA has agreed to sell a property development loan portfolio worth €1 billion (gross) in a deal that virtually puts the finishing touches to its strategy of reducing its real-estate risk in Spain in half the time initially expected. BBVA estimates that including all the operations announced since December 2016 it has cut its gross exposure to the sector by €20 billion.]]>
                        </content:encoded>
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                                <item>
                    <title>BBVA reduces its real estate exposure almost entirely through a JV with Cerberus</title>
                    <link>https://www.bbva.com/en/bbva-reduces-almost-entirely-its-real-estate-exposure-jv-cerberus/</link>
                    <pubDate>Wed, 29 Nov 2017 06:55:12 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[No utilizar]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Carlos Torres Vila]]>
                            </category>
                                                    <category>
                                <![CDATA[Communication]]>
                            </category>
                                                    <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Divestments]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Mergers and acquisitions]]>
                            </category>
                                                    <category>
                                <![CDATA[Press release]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=366070</guid>
                                            <description>
                            <![CDATA[BBVA today <a href="https://www.cnmv.es/portal/HR/verDoc.axd?t={3fa1b5f7-49b4-48d4-aa34-3adbf371b5e0}" target="_blank" rel="noopener noreferrer">announced an agreement with a subsidiary of Cerberus Capital Management, L.P. (Cerberus) </a>to create a joint venture (JV) for its real estate business in Spain, reducing almost entirely its exposure to non core real estate assets. On the closing of the operation, BBVA will sell an 80% stake in the JV to Cerberus for about €4 billion. The transaction marks a milestone in BBVA Group’s strategy.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA today <a href="https://www.cnmv.es/portal/HR/verDoc.axd?t={3fa1b5f7-49b4-48d4-aa34-3adbf371b5e0}" target="_blank" rel="noopener noreferrer">announced an agreement with a subsidiary of Cerberus Capital Management, L.P. (Cerberus) </a>to create a joint venture (JV) for its real estate business in Spain, reducing almost entirely its exposure to non core real estate assets. On the closing of the operation, BBVA will sell an 80% stake in the JV to Cerberus for about €4 billion. The transaction marks a milestone in BBVA Group’s strategy.]]>
                        </content:encoded>
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                                <item>
                    <title>What happens when your flood map is redrawn and your mortgage now requires flood insurance?</title>
                    <link>https://www.bbva.com/en/happens-flood-map-redrawn-mortgage-now-requires-flood-insurance/</link>
                    <pubDate>Wed, 20 Sep 2017 02:45:13 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[kimberly.tabor]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Housing]]>
                            </category>
                                                    <category>
                                <![CDATA[Personal finances]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=349468</guid>
                                            <description>
                            <![CDATA[After Tropical Storm Allison drenched Houston and caused billions of dollars in damages in 2001, <strong>Harris County spent tens of millions of federal dollars to redraw its floodplain maps</strong> to more accurately reflect the risks. Now, 16 years later, after <strong>Hurricane Harvey left some homes flooded for the third time in as many years</strong>, those same maps are in the crosshairs.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[After Tropical Storm Allison drenched Houston and caused billions of dollars in damages in 2001, <strong>Harris County spent tens of millions of federal dollars to redraw its floodplain maps</strong> to more accurately reflect the risks. Now, 16 years later, after <strong>Hurricane Harvey left some homes flooded for the third time in as many years</strong>, those same maps are in the crosshairs.]]>
                        </content:encoded>
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