Transaction Type: Purchase
Asset Type: Residential Plot Land
Address: Virgen del Puerto Street
Surface Area: 8,322 m2
Investment Volume: 100 Mill. € approx.
Seller: Club Atlético de Madrid
Azora relies on TC Gabinete Inmobiliario’s advicing experience for the acquisition of the two most representative plots of Mahou-Calderón Project (RC7 and RC8). The plots have a total surface area of 8.322 m2and a buildable area of approx. 30.000 m2.
The group will develop 2 residential projects with a total amount of 340 “high standing” households of 1, 2 and 3 bedrooms with terraces, outdoor pool, paddle tennis, gym, social hall, co-working areas, concierge and courier services, among others.
The plots were acquired by Azora for 100 Mill. € approx.