Institutional investors from around the globe are increasingly playing a significant role in the economy of the Costa del Sol, making their presence felt in hotels, real estate developments, infrastructure, and companies. Notable examples include a French investment fund holding the majority share in the Malaga metro, an Abu Dhabi-based fund owning the city port’s container terminal, and a fund associated with the Qatari royal family aspiring to construct a hotel and marina. Pension funds from Arkansas, Sydney, and Quebec are also investing in Costa del Sol hotels, catering to retirees from all over Europe. This phenomenon exemplifies the essence of globalization.
These institutional investors, which encompass various types of investment and pension funds, sovereign wealth funds, and insurance companies pooling capital from numerous small and large investors, have become increasingly influential in the Malaga economy. They are involved in the ownership of hotels, residential developments, office buildings, logistics parks, motorways, ports, and companies, and their interest in the city and the Costa del Sol continues to grow.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.