• Transaction / Assets
    Residential building, Madrid
  • Seller
    Domo Activos
  • Buyer
    na
  • € MM
    25.5

Domo Completes the Sale of a Residential Building in the Midst of Lockdown

20 April 2020 – Brainsre.news

The Socimi Domo Activos has announced the sale of a residential building located in the Vallecas neighbourhood of Madrid for €25.5 million.

The Socimi Domo Activos has announced the sale of a residential building located in the Vallecas neighbourhood of Madrid. The property, located on Calle Arte Figurativo, has a surface area of more than 15,182 square metres, distributed over 80 homes, six commercial premises, 106 parking spaces and common areas.

The asset sold is an investment project that Domo built on a plot with the aim of selling the properties to individuals. However, in February, Domo announced that it had received a binding offer for the whole property, as reported by Brainsre.news.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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