EUROPE.- 11/07/2010.- Direct real estate investment in Europe increased by 15% in the second quarter.

The strength of economic recovery stalled in European real estate investment and trading volumes increased during the second quarter of 2010. Direct investment in commercial property in Europe during this period totaled 23,000 million euros, 15% more than in the first quarter of the year (20,000 million) and 80% over the same period of 2009.

Turnover in Europe was stable during the first half of the year in the second half of 2009: 43.000 million. The overall recovery and improved liquidity for assets are larger hand and the number of transactions in the market continues to grow. Looking ahead, for the second half of 2010. The volume will increase by 35% to reach 100,000 million at year-end.

SPAIN .- 25/06/2010.- Act is amended collective investment institutions.

A Royal Decree was adopted by amending the Rules of the Law on Collective Investment Institutions. The changes aim to improve the liquidity of funds and increased flexibility for their management. One of the most important developments concerning real estate funds. In particular, it removes the time limit to have the agents to sell the assets of those funds in liquidation.

"At this juncture, the liquidation of real estate funds is hamstrung because it is required that two years after the start of the liquidation, the estate passed to be owned by the fund to be registered on behalf of members", they argue from the Government. "This requires that any operation carried out on the buildings need the agreement of all stakeholders. This standard eliminates that within two years." Furthermore, with this modification, the CNMV, which until now after the time limit is ignored the process, will oversee the entire process of selling property to completion.

Also in the field of real estate funds, the Government will now allow these vehicles to invest in other funds of the same nature, and reduces from 90% to 80% mandatory investment in real estate companies.
In addition, policy changes approved in a building fund for those compartments more illiquid assets and allow the creation of exchange traded funds (ETF) in the form of an investment company with variable capital (SICAV).

CHINA. 08/06/2010.- Housing Bubble?

China will end its efforts to curb the real estate sector before the end of the year, given that the economy has begun to cool and rises in house prices have also slowed.

Beijing will order that banks increase mortgage lending to first home buyers and to unleash these transactions in order to avoid a hard landing for the economy too.

Beijing announced a series of tightening measures against the real estate sector in mid-April, including an increase in initial fees and mortgage rates, which resulted in bills of sale, they sank, and the unbridled rise in property prices was slowed in several cities.

SPAIN. 14/04/2010.- Spain water sanitation in the five continents.

Spanish companies purified 3,500 million cubic meters per year worldwide and desalinate 24 million cubic meters a day. This makes Spain a world power in the management of water resources.
 
Spain is one of the most advanced mechanical and electronic technologies in the water sector. This leadership position costs the Spanish business sector a triple challenge: to establish public-private partnerships for the development of these treatments, reconciling the economic and technological development of the business world with real needs boost in private water management regulatory framework that normalizes state policies and actions around it.

SPAIN. 01/03/2010.- Large builders reported profits almost double in a year of crisis.

The big builders have closed in positive a crisis year with almost double the profit, despite lower activity after consideration focus on strategic business and reduce debt, but without giving up some necessary investments to continue growing.


SPAIN. 15/02/2010.- The stock of unsold homes will begin to be absorbed in 2010.

"The supply of new housing is set hard, so that even while demand is weak, it is expected that at the present time and have ceased to accumulate inventories."

"The fiscal package adopted in 2010 relating to housing may bring forward purchases and speed up the process."

Moreover, activation of trades will in his favor in the observed improvements in accessibility as a result of reduced interest rates and declines in housing prices.

Moreover, despite the recovery in demand, the current low levels of visas, making it likely a low promoter activity and a yoy decrease of investment in housing in the vicinity of 15%

INTERNATIONAL.14/01/2009.- Perspectives for the 2010 European capital markets.

In by 2010, the largest markets in France and Germany recorded some liquidity levels higher than the 2009. However, the relative valuation will be fashionable, and as the in London and other key markets investment prices become too high for some investors at this stage of the cycle, the capital will begin to move around Europe. It is also likely that the Nordic countries and Central Europe leave benefit, since their markets specific can offer products prime with a fundamental that they are improving.