Build to Rent TECTUM Portfolio – Residential
Transaction info
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
Description
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).