Sectors
The investment in Mykonos marks a significant milestone for the company, further enhancing its growth prospects within the real estate sector.
Loans maturing over the next three years represent a significant risk for the real estate market, potentially acting as a "liquidity time bomb."
The average rent in Spain has doubled over the past decade, while the availability of rental apartments has steadily declined.
The ECB has been studying the risks that the CRE downturn is posing to banks after a downturn triggered by rising rates.