125
125
  • Transaction / Assets
    plot of land in Mahou-Calderón (RC4)
  • Seller
    Atlético de Madrid
  • Buyer
    Vivenio
  • € MM
    75

Atlético de Madrid Sells Last Plot of Land by Former Stadium

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