• Transaction / Assets
    plot of land in Valencia
  • Seller
    Banco Sabadell
  • Buyer
  • € MM

Exxacon Acquires Plot of Land from Banco Sabadell in Debut in Valencia

14 October 2019 The Andalusian developer Exxacon has acquired an 18,123-square-meter plot of land in Valencia from Banco Sabadell. The firm will invest a total of €20 million in the new development, which will have 157 100-to-110 m2 flats. The acquisition is the Exxacon’s first in Valencia.

Currently, Exxacon has 19 ongoing projects, building a total of 1,200 homes at the cost of 400 million euros. This year, the firm expects to deliver one 23-home development in Malaga city. Next year, the developer will deliver another 130 homes in three different projects.

Original Story: Eje Prime – Marta Casado Pla

Adaptation/Translation: Richard D. K. Turner