This morning, the emblematic Casa América in Madrid hosted the presentation of the first edition of The neighborhood, the new international event focused on the capital and investment markets in the field of real estate in Spain. Brainsre.news went on site to discuss with the president the long-awaited meeting, which will take place from October 19 to 21, at the Fira de Barcelona.
Great playersinvestment funds, sovereign wealth funds, capital investmentfinancing banks or alternative sources of financing, but also large landowners, administrations, operators, developers, brokersmarketing agencies, consultants or property managers: the top of real estate Barcelona in the spotlight of all actors in the real estate value chain.
If the presence of more than 7,000 professionals of the sector is already expected, Nebext, the organizing company, explains that the number of registered today amounts to nearly 4,400. Knowing that the tickets for this type of event usually have their best moment during the two weeks preceding the celebration, the organization explains that the reception by the industry is more than positive.
Jean VelayosDistrict President; Hiking gem, District Manager; Yes Albert PlanasManaging Director of NEBEXT, the organizing company, announced this morning all the exclusive news of the first edition of the real estate event, in which different investment strategies will be announced for 2023.
In the lyrics of Jean Velayos, president of the project: “it is an event that was born with a great vocation for European Real Estate to have a differential appointment. We are aware that this is a path that we are building with the entire industry. In addition, this represents a great opportunity for Spain to place itself on the international real estate map. Velayos has also set itself three objectives for the first edition: “That The District be configured as a source of knowledge to anticipate the challenges of 2023; What in three days you can have quality meetings equivalent to a three month agenda and that this meeting is an excellent opportunity to networking for your attendees.
Mariano FuentesDelegate Councilor of the Urban Development Area of Madrid City Hall highlighted the need for union between the three innovation poles of our country: “Barcelona, Madrid and Malaga must be a team, because The District also sells the name and image of Spain. For this, we have private initiative, because without it these projects would have no meaning. From Madrid, we want to develop a sense of security that encourages investment and generates enthusiasm”.
Conversation with Juan Velayos, President of The District
Which segment do you think will close the most deals?
We can cheer, but I’m not going to hit him… (Laughs). I think there are a lot of events in the sector, but it is clear that alternative assets will generate a lot of interest and “very good” are coming from each of the sectors. Really, investors arrive who invest in alternatives, there are not that many, and who manage alternatives. data centersfor example, will be of great interest, the Senior, living room in all its forms, student housing… If I had to bet, I would say that data center Yes retirement home.
Which type of investor could close the most deals at an event like The District?
As capital is going to be the protagonist, any type of investor will have trading opportunities. You have to understand the risks, how we see the macro, what’s going to happen with Spain… We don’t have a magic ball, but they’re going to listen to a lot of people who have an opinion. I believe that a great beneficiary will be the equitybecause you are going to get an idea of what is happening in Europe and what is happening in Spain with all these uncertain questions today.
I think it will also be a great beneficiary alternative financingI believe it’s still a sector that is beginning to be known, which is taking more market share every day… And they don’t have as many events either, so I suspect that alternative financing will do all the difference forum know more and better, what can do and how.
Ultimately investors want to buy and sell so not just for investors but also for product owners who may be investors or who are investors because they have a product they want to buy or sell , is not it ? Anyone who wants to sell a product will have a storefront with many potential buyers also at a difficult time. In other words, you will have a forum to explain why your product is like that.
There will be project opportunities, for those who want to sell and for those who want to divest. “I’ll see if they listen to the benefits of my product”… I don’t know which one will benefit the most, we hope that everyone will find their place in The District.
To what extent is this synergy between Madrid and Barcelona necessary to “sell the country”?
I think it’s essential. Fortunately or unfortunately, Madrid is doing wonderfully well against the world of capital, of the investor. It’s a very dynamic, very welcoming city. I believe investors feel much more legally secure and in a much more liquid, more welcoming market in Madrid than in Barcelona. It’s an absolute reality, but I think Madrid, with a vision of Spain, even with a vision of Madrid, is very interested in having a strong Barcelona.
We see it as a country, don’t we? At the end, investors worry about countries where they can only invest in a few placesWhat they want is for them to be broader and deeper markets. Barcelona is an exceptional city, I think they feed off each other. The Bar of Madridvsa, Madrid would not be Madrid without the Barvsoh the barvsIt wouldn’t be the same without Madrid, who also get along in football… I think in any field, and in real estate too, Madrid benefits from a strong Barcelona and Barcelona benefits from a strong Madrid. Unfortunately, today Barcelona does not have the dynamism, let’s hope that The District will be a grain of sand to make it a more dynamic, more welcoming city.