1 March 2018 – Eje Prime
More homes for Inbisa in Barcelona. The construction arm of the real estate group has started building a new residential development comprising 35 homes in the north of the Catalan capital. The company is going to work for Sabadell Real Estate Development, a subsidiary of Banco Sabadell, on this project. The firm’s investment in this construction work will amount to €4 million, with an execution period of 18 months.
The complex, located on the Ribes road, spans a total surface area of 5,300 m2 and, besides the two residential buildings, is going to include a commercial space and parking spaces. The apartments will measure up to 150 m2 each and have two, three or four bedrooms.
The marketing of the building will be carried out by Solvia, the servicer of Sabadell, with whom it has been working on another project in Madrid for several months now. Innova Torrejón, a residential development comprising 92 homes has been designed with criteria that will allow it to reduce its energy consumption to almost zero.
This new real estate operation strengthens Inbisa’s presence in Barcelona, where it started work on an 88-home development in Ripollet a few weeks ago. Currently, the group has 2,400 homes under construction across Spain, consolidating the company’s “desire to grow and specialise in the residential segment”, according to Gonzalo Mínguez, Inbisa’s Contract Director for the Eastern region.
Original story: Eje Prime
Translation: Carmel Drake