Transaction / Assets4 VPO apartment buildings SellerAQ Acentor BuyerCatella Asset Managment € MM27
Catella Buys Four Subsidised Rental Apartment Flats in Madrid from AQ Acentor for €27 Million
16 September 2019 – A fund controlled by the firm Catella has acquired four new buildings with 171 subsidised (VPO) rental flats in Villaverde, Madrid, for 27 million euros. AQ Acentor, the real estate development arm of the German fund Aquila Capital, sold the assets, which include one-, two- and three-bedroom flats, each with allocated parking and storerooms. The buildings also have common gardens, swimming pools and playgrounds.
Original Story: Idealista
Adaptation/Translation: Richard D. K. Turner