The seller is Bain Capital that had purchased the property in 2017

Sotheby's International Realty's the Luxury Outlook report is for the first time published to cover also Greece.

Rising interest rates, a slowdown in the commercial real estate (CRE) market and the proliferation of remote work pose challenges for smaller firms that made risky loans to finance office buildings, the analysts said.

Family businesses bounced back after the COVID-19 pandemic.

Taking into account scientific data on bioclimatic planning and the prevention of the effects of climate change.

The airport has not undergone an expansion since 1998.

Ortega, who controls 59% of Inditex, has to invest that amount within the year because of the legal and fiscal rules that govern family offices like his Pontegadea.

Forecasts for the primary results are also positive for the current year, compared to previous estimates.

Construction is planned to start in the second quarter of 2023 and be completed in the beginning of 2026.