Mahou Calderón Project – Turnkey Residential Building
Transaction info
Year – 2020
Type of transaction – Sale
Active Type – Residential Building
Address – Parcela RC8 Mahou Calderón
Surface area – 23,000 m2
Vol. Investment – 90 Mill. € 90 Mill.
Buyer – Aberdeen
Salesperson – Azora
Description
TC Gabinete Inmobiliario is advising Aberdeen Standard Pan European Residential Property Fund (“ASPER”) on the acquisition of a turnkey project owned by Azora located in plot RC8 on the front line of Madrid Río.
The Turnkey/Build to Rent (B2R) operation involves the construction of a large building with a residential area of approximately 14,000 m2. which will have a total of 160 one-, two- and three-bedroom homes, 225 parking spaces and a commercial area of approximately 1,900 m2.
The volume of the investment was 90 Mill. €.