• Address: Los Berrocales, Madrid
• Investment Type: Value Add
Description: 8 residential plots located in the Los Berrocales urban development, one of the most relevant expansion projects in the southeast of Madrid. The acquisition represents a total buildable area of 51,000 sqm, allowing the development of approximately 634 homes under affordable housing regime (VPPL).
Of the acquired plots, 2 are located in Phase II and 6 in Phase VI of the sector. Los Berrocales is consolidating as one of the most advanced developments in the southeast of Madrid, with a planning of more than 22,000 homes, around half of which will be protected, contributing to the supply of affordable housing in the capital.