MK Premium Acquires First Property in Madrid
12 December 2017 - Eje Prime
MK Premium has arrived in Madrid. The family office has acquired a property measuring 728 m2 in the Chamberí neighbourhood, in which it will invest €2.4 million in total between the purchase and subsequent planned renovation. The company will close 2017 with more than 95 assets in its portfolio.
MK Premium’s first building in the Spanish capital, located at number 10 Calle Santísima Trinidad, is around fifty years old. Inside, the property contains four homes, one per floor, with a surface area ranging between 66 m2 and 99 m2, as well as a penthouse flat with a terrace, measuring 107 m2.
Founded by the brothers Daniel and Sergio Leiva, the real estate company MK Premium started its real estate activity five years ago in Barcelona, where just a few weeks ago, it acquired two more properties. Now, it is working on its expansion across Spain, which has led to the opening of an office in Madrid. With its first asset in the capital, the real estate company’s portfolio now contains almost 100 assets (95, to be specific).
The company expects to close 2017 with revenues of almost €25 million, after recording turnover of €14 million during the first half of the year, and profits of around €1.7 million.
Original story: Eje Prime
Translation: Carmel Drake