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Mahou-Calderón Project / Soil

Mahou-Calderón Project / Soil

Transaction info

Year: 2019

Type of Operation: Purchase
Active Type: Residential Land

Address: C/ Virgen del Puerto s/n, Madrid
Buildable area: 30,000m2
Vol. Investment: 100 Mill. € approx.

Seller: Club Atlético de Madrid
Buyer: Azora

Description

Azora relies on the experience of TC Gabinete Inmobiliario to advise on the acquisition of the two most representative plots of the Mahou-Calderón Project (RC7 and RC8). The plots have a total area of 8,322m2 and a buildable area of approximately 30,000m2.

The group intends to develop 2 residential projects with a total of 340 “high standing” homes of 1, 2 and 3 bedrooms with terraces, outdoor swimming pool, paddle tennis court, gym, social lounge, co-working areas, concierge and courier services, among others.

The plots were acquired by Azora for 100 million euros. € approx.