Overview
- The Ministry of Social Rights, which sent letters Monday, told 13 large landlords and funds managing about 100,000 homes to accept tenant‑requested extensions for leases ending between March 22, 2026 and December 31, 2027.
- The notices name Blackstone’s Testa Homes and Fidere, CaixaBank, and Nestar owned by CBRE Investment Management.
- Royal Decree‑law 8/2026, approved March 20 and published March 21, lets renters renew in one‑year blocks for up to two years and limits annual rent increases to 2 percent.
- The housing measure still requires a vote in the Congress of Deputies and lacks a clear majority after Junts vowed to oppose it, with the government holding up to 30 days to seek convalidation.
- Minister Pablo Bustinduy urged tenants to apply now and said granted extensions would stand even if the decree later fails, while owners can still raise rents by 2 percent during the extension.