Build to Rent Portfolio – Residential

Transaction info.

Year – 2020
Transaction Type – Sale
Asset Type – Residential Portfolio – Subsidised Housing

Location – Alcalá de Henares, Torrelodones, Villalba, Arroyomolinos, Valdemoro and Móstoles
Number of Households – 1.000
Investment Volume – 150 Mill. €

Buyer – Axa IM
Seller – Tectum RE

Description

Advisory to AXA Investment Manager in the biggest “build to rent” transaction closed in Spain.

The portfolio which includes 1.000 households, sold by Tectum Real Estate, is composed by 7 subsidized households developments under construction, which are located in different locations within the Community of Madrid (Alcalá de Henares, Torrelodones, Villalba, Arroyomolinos, Valdemoro and Móstoles)