Real estate ownership concentration reported in Spain and Argentina

Data reveals significant concentration of residential property ownership in both Las Palmas de Gran Canaria and the Buenos Aires province.

In Las Palmas de Gran Canaria, 145 large holders own multiple properties, with Blackstone identified as the largest private residential owner in the municipality, holding 506 homes through various entities. Nationally, Blackstone holds 8,176 homes in Spain. Other active entities in the region include Nestar and Gramina Homes.

In the Buenos Aires province, information obtained from the Tax Agency (ARBA) shows that while most property owners hold only one building, a significant portion of the market is concentrated. Approximately 1,065,255 people own two or more properties, accounting for at least 50.9% of all registered built real estate parcels. The concentration intensifies among larger owners, with 1,879 holders possessing more than 100 properties each.