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:

Kovanda: Flats in Prague could double in price by 2030
Prague is missing 20,000 flats, writes the economist Lukáš Kovanda, and with 160,000 new  »
Apartment sales start at Jagodno project in Wrocław
Robyg has laid the foundation stone at the Jagodno scheme, going up between Buforowa and K  »
Erbud to start construction on Port Popowice in Wrocław
Erbud is planning to start construction on 144 apartments that will be part of the Port Po  »
Housing prices in Hungary’s Balaton average €3,200 per sqm
Housing prices in Hungary’s Balaton region are on the rise. Apartments along Lake Balato  »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »
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   »