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Spanish to English translations [PRO] Bus/Financial - Finance (general) / Property
Spanish term or phrase:actividades inmobiliarias
Hi,
I'm currently translation a text on the effect of the financial crisis on the Spanish economy. This section of the text deals with the increase in credit linked to the property market.
I'm having difficulties with the first part of this sentence:
"La elevada absorción de crédito por parte de las actividades inmobiliarias contenida en las cifras anteriores guarda una estrecha relación con algunos de los desarrollos macroeconómicos más significativos de la última etapa de crecimiento, como son el aparente «exceso de sensibilidad» del crédito con respecto al PIB y el abultado déficit por cuenta corriente."
My attempt is:
"High credit absorption by property activities in the figures above maintain a close relationship with some of the most significant macroeconomic developments of the last period of growth..."
I'm OK with the second half, it's just the first part of the sentence that is causing problems for me.
Explanation: I would translate it this way as it covers the multitude of things that have occurred in the sector that have affected the banks' bottom line and credit worthiness. Examples: activity associated with the commercial real estate sector is money laundering to ... www.fincen.gov/news.../rp/.../CREassessment.html - En caché - Similares;various measures of real economic activity in the real estate sector were affected by those same local economic and bank conditions. We found that activity ... www.knowledgeplex.org/cache/documents/2470.pdf - Similares;
-------------------------------------------------- Note added at 10 mins (2010-07-21 19:43:59 GMT) --------------------------------------------------
A better example: Besides, this important growth in the real estate sector was financed to a significant ... the absorption of losses derived from the real estate crisis and, ... However, the increase of deeds during this fiscal period –due to the sales .... activities (real estate and financial assets), the net bank debt amounts to ... www.grupovillarmir.es/ESTRUCTURA/.../Default.aspx - En caché
Jenni Lukac Local time: 08:50 Native speaker of: English PRO pts in category: 32
James A. Walsh Spain Local time: 08:50 Specializes in field Native speaker of: English, Spanish PRO pts in category: 135 1 corroborated select project in this pair and field
"Real estate/ property activities" does not sound well and is almost never used. "Property sector" is also not commonly used in reference to the mortgage crisi, the credit cruch, and the financial crisis worldwide that ensued. "Real estate sector" a term I have chosen, is commonly encountered in news accounts and articles on the subject, and a lot more Google hits to boot.
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Current Statistics *
Higher risk weights and credit crunch will affect, though it may be moderate. Trade and Recreation ... Real estate sector is likely to remain subdued. ... www.epwrf.res.in/PeriodWiseArchives.asp?year=2008&CatId... - Cached
REAL ESTATE LOOKING FOR BOUNCE BACK IN SOME NEAR FUTURE | Tulip Group
For fear of loosing their money amidst slowdown market and credit crunch, ... in leaving the real estate sector in high and dry, triggered a grim situation. ...
tulipgroup.in/?page_id=1578
[PDF]
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File Format: PDF/Adobe Acrobat
creation of credit absorption capacities, need ...... Exposure to real estate sector is inclusive of both direct and indirect lending. Fortnight Ended ... www.corecentre.co.in/Database/.../TREND_AND_PROGRESS_BANKS....
argosys Local time: 14:50 Specializes in field Native speaker of: English PRO pts in category: 102
The translation workplace 
peer agreement (net): +1
