24 February 2020 – Eje Prime
Stoneshield Capital, the investment fund owned by Juan Pepa, has purchased the Galileo Galilei student residence in Valencia, which had been owned until now by the Canadian pension fund CPPIB, according to EjePrime.
The fund owned by the former director of Neinor Homes and Lone Star has acquired this property, which has been on the market since the middle of 2018. The delay in the transaction was due to the size of the workforce, which comprises more than 100 workers. The consideration paid for the asset has not been disclosed.
Original Story: Eje Prime
Translation/Summary: Carmel Drake