Categories: In brief

US fund to invest 2,000 million in housing “à la carte” in Spain

 

The Diplomat. 21/06/2016

 

US investment fund Värde Partners plans to invest a total of 2,000 million euros until 2011 to build “houses à la carte” in Spain, which means houses requested by potential buyers, at a pace of 2,000 per year, according to Europa Press.

 

Through the firm ‘Dos Puntos’, of which it has more than 50 per cent, Värde Partner wants to make the most of the recovery of the Spanish economy and the real estate sector to build houses in the portfolio of 800,000 square metres of land (equivalent to 7,000 flats) inherited through the acquisition of the Grupo San José Inmobiliaria, the former Parquesol.

 

 

Luis Ayllon

Share
Published by
Luis Ayllon

Recent Posts

Three Spanish tourists die during a shooting in central Afghanistan

Three Spanish tourists died and at least one was injured yesterday as a result of…

24 hours ago

Sánchez announces that the recognition of Palestine will not take place on May 21

The President of the Government, Pedro Sánchez, announced today that the recognition of the Palestinian…

24 hours ago

New clash in the coalition government over the alleged ship with weapons for Israel

The two partners of the coalition government, PSOE and Sumar, have clashed again over their…

24 hours ago

Albares informs Moreno and mayors of the meeting with Cameron and Sefcovic about Gibraltar

The Minister of Foreign Affairs, José Manuel Albares, has informed the president of the Government…

24 hours ago

Milei thanks Abascal in Madrid: “When no one loved me, he was the only one who hugged me”

The president of Argentina, Javier Milei, praised yesterday in Madrid the figure of the leader…

24 hours ago

Noboa says he would settle differences with Mexico if respects non-intervention principle

The Diplomat   The president of Ecuador, Daniel Noboa, said yesterday during a speech at…

24 hours ago