156
156
  • Transaction / Assets
    Plot of land in Madrid
  • Seller
    na
  • Buyer
    Dazeo
  • € MM

Dazeo to Invest €20M in Construction of 52 Homes in Madrid

3 April 2019 – Eje Prime

The residential joint venture between Dazia Capital and Eurazeo Patrimoine has acquired a plot of land at number 107-109 Calle Embajadores, in Madrid. The firm plans to invest €20 million in the development of a 5,500 m2 property on the site, which will contain 52 homes, a gym, a swimming pool and a parking lot.

Following this purchase, Dazeo now owns four assets in Madrid, plus a plot of land on the beachfront in Estepona (Málaga).

Dazia Capital will be responsible for the management of the project, under its property developer brand Darya Homes.

Original story: Eje Prime

Translation/Summary: Carmel Drake