land Market News: Spanish Real Estate Intelligence

Aedas Homes Acquires Plot of Land in Zaragoza for 198-Flat Development
15 July 2019 – Richard D. K. Turner Aedas Homes has initiated operations in Zaragoza, acquiring a plot of land in the AVE neighbourhood. The purchase from the public company Zaragoza Alta Velocidad ​​(ZAV) involves an investment of 19.3 million euros and will result in 198 new homes. The firm currently has 4,232 homes one sale throughout Spain and enough land to build another 15,000. Aedas also acquired more land in area, though it declined to reveal details. The plot the firm acquired is located between Delicias station and Avenida Navarra. The asset’s surface area is 5,821 square meters, with a buildable area of 27,956 m2. Zoning in the area allows for the construction of four buildings, with a maximum height of 19 floors. Original Story: Heraldo - Jorge Alonso
Quabit Acquires Land in La Pobla de Vallbona for 100-Home Development
15 July 2019 – Richard D. K. Turner Quabit has acquired a plot with 11,500 buildable square meters of land, where it is planning to build 100 new homes. At the same time, the listed developer has also acquired developable land in Madrid, Guadalajara and Malaga. The developer’s total investment of 21.7 million euros would be enough to build almost 1,000 new homes. Seven of the plots of land are located in the provinces of Madrid, Guadalajara, and Valencia. Those lands have a buildable area of ​​almost 60,000 square meters, allowing for the construction of about 550 new homes. In addition, it has acquired a building to rehabilitate with 57 homes and more than 5,760 square meters. Original Story: Valencia Plaza Photo: Eva Máñez
Habitat Acquires Plot of Land for Housing Development in Girona
15 July 2019 – Richard D. K. Turner Habitat Inmobiliaria acquired a plot of land with 3,700 square meters of surface area and 10,350 square meters of buildable area in the Eixample Sud-Migdia neighbourhood, in Girona. The company will invest a total of 23 million euros to develop 90 homes. The acquisition is a part of the firm’s plans to deliver more than 2,000 new home per year from 2021. Original Story: EjePrime