Year – 2020
Type of transaction – Sale
Active Type – Residential Portfolio – Subsidized Housing
Location – Alcalá de Henares, Torrelodones, Villalba, Arroyomolinos, Valdemoro and Móstoles.
Number of homes – 1,000
Vol. Investment – 150 Mill. € 150 Mill.
Buyer – Axa IM
Seller – Tectum RE
Advising AXA Investment Manager on the largest “build to rent” transaction in Spain to date.
The portfolio of almost 1,000 homes, sold by Tectum Real Estate, consisted of a total of 7 developments under construction of subsidized housing, located in different locations in the Community of Madrid (Alcalá de Henares, Torrelodones, Villalba, Arroyomolinos, Valdemoro and Móstoles).