5 August 2019
Atlético de Madrid has finalised the sale of the last of the three plots of land it owned by its former stadium in the Mahou-Calderón area of Madrid. The football club chose to sell the land to Vivenio for approximately 75 million euros.
The 6,544-m2 plot of land, denominated RC4, has a residential building area of 27,000 square meters. Vivenio, a socimi controlled by the Dutch fund APG and Renta Corporación, intends to develop rental housing on the property.
Original Story: Expansión – Rocío Ruiz
Adaptation/Translation: Richard D. K. Turner