The Madrid Real Estate Show (SIMA) is closing its doors this Saturday, after four days attended by the industry’s leading executives and companies submitted their offers of more than 15,000 homes for sale. half is in the Community of Madrid and the rest is mainly in the coastal areas. The newly enacted Housing Law, in which 150 professionals participated and exchanged views on macroeconomic prospects, evaluates this edition positively, the twenty-fourth. stability in housing growth and the challenge of decarbonizing the industry.
More than 300 companies presented their business models, From innovative startups like Nash21 digitizing rental contracts or crowdfunding firms Urbanitae and Fellow Funders that bring investment closer to individuals, to traditional developers like Metrovacesa or Neinor Homes, and construction-related companies like Porcelanosa.
Managers present at the fair, An industry that accounts for 6% of the gross domestic product Spanish economy (GDP). “Real estate is a sector of sectors. We make up 6% of the gross domestic product, but the whole spectrum revolving around that is huge,” said Juan Antonio Gómez-Pintado, Vía Ágora organizer and president of the Association of Organizers. and Builders from Spain.
“It’s the third market, along with the stock market and bonds, and savings are allocated to it because it provides a return that exceeds inflation in the long run and has less volatility,” said Mikel Echavarren, president of the Colliers consulting firm.
“We contribute a lot because we are associated with other sectors such as mobility or energy. Our sector has an unfairly bad reputation, but In a few professions, is it that easy to align the interests of the parties? companies with the vital goal of working for society or the planet“Anna Gener, CEO of Savills Barcelona of Grupo Prensa Ibérica and member of the Editorial Board of EL PERIÓDICO,” emphasized.
SIMA valuation
Pablo Rodriguez-LosadaTrade and Marketing Director of the organizer Aedas Homes gives positive evaluations about the fair. “Our goal at SIMA was to increase our network and learn what the competition is doing, in addition to selling homes,” he said.
Rodríguez-Losada admits this the organization was right to focus on the small investor, buying a home or two to rent because this type of buyer is perceived to be on the rise. According to the organization, most of the respondents were potential first-time home buyers.
Founder and President of Impact Homes and Grupo Ferrocarril, Raphael Gonzalez CobosOne of the executives, who has been present for over 10 years, argues that SIMA is the starting point for formalizing meetings that result in sales.
Miguel CardosoBBVA Research chief economist, There is a decrease in home sales and the number of mortgages issued started in the second half of the year. Assisi ColominaAcciona’s real estate development manager commented that “the industry is healthy and supply is well below demand and looking to the future it is necessary to focus on meeting this demand”.
Outside the housing market, managers and advisors of large mutual funds were placed. Data centers as the real estate asset of the future they argued for the future of offices that would not close due to the boom in teleworking.
awards
On the other hand, the real estate developer Aedas Houses At the 20th edition of the Asprima-SIMA 2023 Awards, it was awarded in the ‘Company with the best ESG advancement’ category and received a special mention for ‘Best business venture in innovation’, Europa Press reports.
Sponsored by the Madrid Property Developers Association (Asprima) and SIMA organizer Planner Exhibitions, the awards recognized the property developer in two of ten categories, highlighting the ESG Strategic Plan 2021-23 and its omnichannel experience. in the commercial process.
Award in the category of ‘Best real estate action in housing’, ‘Our Shelf Houses’, by developer Our-Shelves-Houses SC Madrileña and architects SUMA arquitectura. The word has been for ‘Skyline Madrid’, a project by Stoneweg and architects Touza Arquitectos.
The award for best non-residential real estate project went to ‘Caleido’, the fifth skyscraper in the Castellana Business District, designed by architects Fenwick Iribarren Architects and Serrano Suñer Arquitectura.
HE ‘Best urban renewal project’ There has been the integration of the railway in Logroño by Logroño Integración del Ferrocarril 2022 and architects Ábalos + Sentkiewicz. The word valued ‘Urban Renewal and Renewal of the San Antón neighborhood of Elche’ by architects Luis Alemañ and Luis Carratalá and Diego Carratalá from PIMESA and Carratalá Arquitectos.
Madrid urban development of ‘Valdecarros’ The best product/service marketing campaign for real estate companies was ‘Vitamin Home from Culmia’ from Culmia. The entrepreneurial venture in innovation award went to ‘Nash 21’ and ‘Viviendea’ was chosen as the best real estate venture. Lugnum Tech stood out as an initiative in formation with ‘Women build’.