Värde to break ground on 900 homes in Spain in Q1

Värde to break ground on 900 homes in Spain in Q1

Published at: 2017-01-12 10:05 | Author: CIJ Journal
Dospuntos, which was established last year and is controlled by Värde Partners, is planning to start construction on around 900 homes in 18 developments over the next three months. The properties will be located mainly in Galicia, Andalucía, Madrid and Cataluña. Värde has securing financial backing from the funds Marathon and Attestor as well as Bank of America and Barclays for the projects. By 2019, the company wants to develop around 2,000 new homes per year on average, according to market sources, generating between €500m and €600m in annual revenues.

Similar Stories:

PEPCO OPENED A NEW STORE IN MILCOV SHOPPING CENTER FOCSANI
Activ Property Services brokered the lease of a 400 sq m space for the Polish retailer PEP  »
Belgrade’s residential market sees growth in 2018
Belgrade’s residential market is booming, with 15,672 apartments sold in 2018 and 4,478  »
Komandor building resi complex along Kotor Bay in Montenegro
Komandor is planning to develop a new residential complex in Kavac along Montenegro’s Ko  »
Instone sells rental portion of Bonn resi scheme
Instone Real Estate has sold the development’s rental flat contingent of 34 units overal  »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »
It’s part of the bargain struck with the city that helped it win the needed support for   »