The spokesperson of the Federal Executive of the PSOE, Montse Mínguez, has submitted her resignation this Friday, after several days of controversy over the real estate business of her partner, the businessman Sergi Vélez. The socialist leader has communicated her decision through social networks, where she assures that she is taking "a step back" convinced that it is the best for the party, without explicitly mentioning the information that has motivated the controversy.
"I have made the decision to take a step back, convinced that it is the best for the collective project to which I have dedicated my effort, my commitment, and my best energies," Mínguez states in a statement published in Spanish and Catalan.
Her resignation comes after Artículo 14 revealed that Vélez is at the head of a business group dedicated to the real estate business, with a portfolio of at least 30 homes and apartments intended for rent. Subsequently, El Español reported the existence of two companies in Panama linked to the family business network.
The controversy has gained particular relevance as it coincides with the debate on housing and the measures promoted by the Government to regulate the rental market, one of the central issues of the pre-campaign for the general elections on November 29.
Con la conciencia tranquila, la cabeza alta y la fidelidad intacta a mis principios. pic.twitter.com/br2Hdco5y4
— Montse Mínguez (@montseminguez) October 16, 2026
A company with at least 30 rental homes and international businesses
According to the investigation published by Artículo 14, Sergi Vélez is at the head of Nest Capital, a business group of Leridan origin dedicated to investment, promotion, and real estate management. The businessman holds active positions in eleven companies, including Nest Capital Homes, dedicated to residential rental.
This last company has, according to sources consulted by the aforementioned media, at least 30 flats and apartments for rent and has resorted to eviction legal proceedings for non-payment. The information indicates that it had up to three proceedings in simultaneous processing.
The accounts corresponding to 2025 attribute to Nest Capital Homes 8.4 million euros in assets and real estate investments accounted for 6.3 million. The group also develops construction and promotion activities, while El Español has identified two companies in Panama linked to Vélez's family conglomerate. The existence of these companies does not in itself prove any irregularity.
Mínguez had defended the legality of her partner's businesses
Before announcing her resignation, Mínguez had publicly responded to the information about Vélez's business assets. In an interview granted on Tuesday to Espejo Público, from Antena 3, she described the controversy as a "personal attack" and assured that her partner's activities complied with current legislation.
"Trying to sell that a company that is a family business is doing it wrong is a lie," asserted the then socialist spokesperson, who also defended the right of owners to recover their homes in situations of non-payment.
"If there is a tenant who does not pay, they are evicted; if there is a tenant who is a vulnerable family and has no housing alternative, they are protected," she stated. She also assured that her partner, as a large holder, paid his taxes and complied with the Housing Law.
The explanations did not stop the criticisms from the Popular Party. The formation of Alberto Núñez Feijóo questioned the coherence between the PSOE's discourse on rental regulation and the business activities of its spokesperson's partner. The president of Madrid, Isabel Díaz Ayuso, also joined in the reproaches.
Sánchez claimed to be unaware of Vélez's real estate businesses
The controversy also reached the President of the Government, Pedro Sánchez, who, when asked in Brussels about the real estate activities of Mínguez's partner, claimed to be unaware of them.
The information has followed during a week in which housing occupies a good part of the political debate, after the parliamentary rejection of the decrees promoted by the Executive and in full preparation of the candidacies for November 29.
A step back in the midst of the preparation of the electoral lists
The resignation occurs just two days after the PSC federation in Lleida chose Mínguez to once again head its candidacy for Congress in the elections on November 29. The proposal had been unanimously approved and was pending ratification by the party's bodies.
In her statement this Friday, the socialist leader does not explicitly mention her partner's businesses. Instead, she places her decision in the current political context and appeals to responsibility in the face of the advance of the far right.
"When the far right knocks on the doors and seeks to question social advances, rights, and agreements that have taken years to build, our responsibility must be above any personal consideration," she states.
Mínguez concludes by thanking the trust and support received during his career and accompanies the statement with a final declaration: "With a clear conscience, head held high, and loyalty intact to my principles".
For now, the confirmed resignation affects his responsibility as spokesperson for the Federal Executive of the PSOE. There is no information available indicating that he has also resigned from heading the socialist candidacy for Lleida or from other organizational responsibilities.