Transaction / Assets 135-home residential developmentSeller AccionaBuyer Axa€ MM
Acciona Sells a 135-Home Development in Madrid to Axa
20 March 2019 – Idealista
Acciona has completed the sale of a residential development in the Méndez Álvaro area of Madrid to the insurance company Axa. The project, which is going to be constructed under the ‘build to rent’ formula, will comprise 135 rental homes distributed over ten floors.
The property will have a swimming pool, gym and terrace, as well as one parking space and one storeroom per home. The construction work is expected to be completed in December 2020.
Original story: Idealista
Translation/Summary: Carmel Drake