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ABOUT ESPAÑA GRI 2026
España GRI brings together leading Spanish and European real estate executives in Madrid for a private and senior-level gathering. The event fosters genuine connections in a discreet setting, blending interactive discussions with networking moments that spark partnerships and deals. Tailored for decision-makers with investment interests in Spain, it provides a strategic platform to exchange perspectives and explore capital opportunities in the country’s real estate market.
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España GRI 2026
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We take a large number of information into consideration but in short, applying leaders must meet 2 basic criteria:
a) Seniority: decision-makers only.
b) Principal: invested real estate or infrastructure companies with capital at risk.
SCHEDULED BY GRI CLUB
REPRESENTED
Networking made easy
Discussion format that enables you to interact and engage
In-depth industry knowledge
Investments in Southern Europe
Does the region have it all to keep its spotlight for the future?
- Regional Fundamentals - Will investment conditions in Southern Europe sustain its good momentum? Do we see more capital coming for the long-term?
- High-Potential Assets - Which sectors from resi to CRE can offer the most attractive value? Do yields favor diversity or unique choices in the region?
- Cross-Border Partnerships - How are we using local alliances and regional platforms in our benefit? How important are they when investing in SE?
- Local Challenges - What structural hurdles still limit scalability in the region? How can we navigate local realities with more ease?
Pan-European Investment Talkshow
In a global uncertain scenario, is Spain the defensive play of dreams for investors?
- Market Sentiment - Which forces are driving Spain's current real estate momentum? Why is the country well positioned in Europe?
- Current Spanish Treasures - Which asset classes are showing the greatest promise? Are there themes emerging beyond the traditional leaders?
- Barriers & Opportunities - What hurdles still limit investment flows into Spain? What are the major challenges and how to overcome them?
- Financing Landscape - How well is the debt market looking at Spain? Are fundamentals facilitating deals and the market's general growth?
Offices
Is demand for prime a honest driver, or "move away" strategies still show up as core?
- Sector Momentum - Is office take-up here again? Are fundamentals pointing to a sustainable recovery across Spain?
- Prime vs. Secondary Assets - With capital flowing mainly into AAA buildings, how are we approaching the gap with obsolete stock?
- Core Rental Growth - Does it reflect a limited supply of high-quality space? Is it an investment opportunity for this cycle?
- Asset Reconversion - Resi or hospitality drivers are attractive, but can technical hurdles and urban restrictions be overcome?
Hospitality Operations
In a demanding market, what strategies are securing efficiency for Spanish hotels?
- Owner–Operator Alignment - Are owners and operators aligned on opex, brand standards, and performance goals? How is the balance?
- Operational Costs - With energy and sustainability targets on the rise, how can we control expenses while adapting to new models?
- Technology & Efficiency - Are digital tools, automation and data analytics helping reduce costs and boost the guest experience
- Current Workforce Constraints - How are we tackling labor shortages and rising wages while keeping service quality competitive?
Data Centers
When a strong demand meets structural challenges, but turns into a big opportunity?
- The Rising Demand - Has the sector moved beyond speculation to a proven investment case? Which investor profile can benefit from it?
- On Sight Capital Opportunities - Is the current risk-return balance boosting our confidence? What are the main Spanish drivers for appeal?
- Current Pipeline Challenges - Are power constraints slowing down new projects? What hurdles must be addressed to secure scalable portfolios?
- Strategic Location - How critical is site selection for success? Which regions should we prioritize as demand accelerates?
BTS
We see the gap, but can we bridge it unlocking value for all sides?
- Market Fundamentals - With high demand and chronic undersupply, how can we identify the most resilient opportunities in BTS?
- Product Diversification - From affordable to luxury - where is capital finding the best balance between risk and return in Spain?
- Land & Construction Costs - How are land scarcity and construction expenses reshaping project viability and pricing strategies?
- Financing for BTS - Are lenders supportive of BTS projects in today’s environment, or is financing also a barrier to delivery?
Retail
With sustained tailwinds, is the segment a sustained option for long-term investments?
- Sector Fundamentals - Is retail consolidating its position as a reliable allocation for institutional investors in Spain?
- Prime High-Street vs. Malls - With high-street retail leading demand, are traditional shopping centres still strong to stay attractive?
- Demand Forecast & Stability - Can tourism and economic growth sustain long-term performance? How resilient retail products really are?
- Attracting The Tenant - When buyers seek more than products, how are technology and experiences adding value to old formats?
Opportunistic & Value-Add
Good time to find value in Spain's stock, pushed by uncertain market conditions?
- Distressed Opportunities - Due to market instabilities, has it been a good moment for new investments? How good are the margins and pricing?
- Finding Value in Operations - Beyond acquisitions, how much value can be unlocked through operational efficiency and repositioning strategies?
- Financing Conditions - With high costs and tight terms, is debt availability limiting value-add plays? How is the access to capital an influence?
- Reconverting the Asset - Which asset classes offer the best potential for conversion? Is it profitable, or too many hurdles remain for execution?
Hospitality Investments
The easiest asset to commit to, or any hurdles posing a threat on new investments?
- Capital Allocation - With options in economy, mid-scale and luxury hotels, which class or region is proving more valuable for new investments?
- Yields & Performance Metrics - How are current ADR and RevPAR performance affecting decisions towards the segment? Are Spanish returns to good to be ignored?
- Investing in Asset Upgrades - In a mature and competitive Spanish market, is upgrading and upscaling the smartest way to secure the best returns?
- Main Sector Challenges - When it comes to acquiring or developing hotels in Spain, what are the significant challenges we face? And how to overcome them?
Logistics
Should we stay core, or go for more?
- Prime Rent Growth - Is the demand for core assets a sustainable fundamental? Do we see clear opportunities in face of quality scarcity?
- The Good Location & Hubs - As investment concentrates in prime locations, can peripheral areas offer hidden potential or just higher risk?
- Value-Add Opportunities - With much of Spain’s stock outdated, are refurbishment and repositioning the smartest way to capture unmet demand?
- Last-Mile Premiums - Are last-mile assets commanding sufficiently higher rents to offset higher land costs and regulatory hurdles?
Mixed-Use Opportunities
How keen is to invest in integration and diversity to find real success?
- Investment Thesis - Do mixed-use projects deliver a good risk-return compared to single-use assets? What are the fundamentals?
- Urban Regeneration - Is investing and revitalizing obsolete urban areas a good strategy to find opportunities? How is the cap rate?
- Asset Resilience & Tenants - How can integrating multiple assets reflects on good ocupancy rates and success? Is it a source of resilience?
- Planning & Regulations - With zoning often fragmented, are Spain’s regulatory frameworks flexible enough to support new projects?
Paula Albaladejo
BTR
Is it the greatest solution indeed?
- Sector Main Drivers - With supply issues pushing households towards renting, has it become an obvious option due to fundamentals?
- Yields & Competition - We see BTR rising on the investment rankings, but will yields remain strong and healthy as competition intensifies?
- Development Pipeline - As inflation eases and licensing becomes more flexible, will new supply accelerate to absorb the high demand?
- The Battle for Affordability - How are we adapting returns to the sector's demand? Do we see too many pressure points on cap rates?
Debt & Finance
Do we feel a new debt cycle arriving, or is uncertainty still taking place?
- Market Sentiment - How do we see the impact of current rates in the market? Is it stable enough for us to act on financing gaps?
- New Leverage Activity - Is it all core for new loans? How is the best strategy to select deals and fulfill the current capital stacks?
- Refinancing Maturities - In a context of debt maturities, is refinancing a clear option? Or still too unsafe due to market instabilities?
- Loan Structuring - Given economic uncertainty, what changes are emerging in loan covenants, LTVs and security requirements?




























He worked on all types operations: development, yield investment, property trading transactions and supervised more than 500 commercial Real Estate transactions. Jean-Philippe started his career structuring Real Estate investment funds. He then moved to BNP PARIBAS where he held various positions in the Real Estate market. Jean-Philippe graduated from IEP Paris and ASSAS University, Paris.






























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