Dunas Capital’s RE Arm Creates Property Developer Viveland

5 January 2018 – Eje Prime

Dunas Capital is immersing itself even further into its real estate business. The financial group led by former executives of Banco Santander and Aviva is betting on the property developer segment with the launch of Viveland.

This new venture from Dunas is currently constructing 53 homes in the Madrilenian town of Alcalá de Henares, according to El Confidencial. Nevertheless, the agreement includes several purchase options over the land surrounding that urbanisation, which would allow Dunas Capital to promote around 350 homes.

Dunas has financing amounting to €1 billion to carry out various operations in Spain. Viveland has been created out of that investment and there are plans afoot to launch other types of companies across various sectors.

Original story: Eje Prime

Translation: Carmel Drake