{
  "id": 16530652,
  "title": "The investor bets on changes of use to make the properties profitable",
  "url": "https://urgent.news/2026/10/25/el-inversor-apuesta-por-los-cambios-de-uso-para-rentabilizar-los",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-25T23:09:04.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/empresas/2026/10/25/6ade85dde5fdeadf2c8b457f.html"
  },
  "original_language": "es",
  "account": "In Spain, the conversion of obsolete offices into homes and hotels has become a significant opportunity in the real estate market. During the first half of 2026, a record 46 conversions were identified, affecting over 224,000 square meters, with a total investment of €390 million, a 115% increase from the same period in 2025. Madrid remains the main destination for investment, with €283 million, or 73% of the total volume, but secondary locations are also gaining traction. The hotel and residential sectors account for 91% of conversions, with a focus on luxury and flex living projects, and offices continue to be the primary source of conversions.",
  "summary": "Investment in building conversions, mainly from offices to hotels or housing, soars 115% up to June and reaches 390 million in a record six-month period.",
  "key_points": [
    "Spain set record in 2026 H1 with 46 property use changes",
    "20 conversions linked to real estate transactions, generating €390M",
    "52% of changes targeted hospitality sector, 39% residential"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}