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Operaciones ,

Nou Llevant Project, Palma de Mallorca – Residential Turnkey Building

Transaction info.

Year – 2020
Type of transaction – Sale
Active Type – Residential Building

Location – Nou Llevant, Palma de Mallorca
Number of homes – 203
Vol. Investment – Confidential

Buyer – AEW
Seller – Metrovacesa

Description

TC Gabinete Inmobiliario is once again advising AEW, one of the largest real estate asset managers in the world, in the acquisition of a turnkey project owned by Metrovacesa located in Nou Llevant, Palma de Mallorca, the most important urban transformation area of the Balearic capital.

This Turnkey/Build to Rent (B2R) operation contemplates the construction of two residential buildings with a total of 203 homes and is expected to be completed in 2023.