2 September 2019
Mahou-San Miguel has commissioned the real estate consultancy Colliers to sell the two neighbouring plots of land to Mahou-Calderón.
Colliers was already in charge of the sale of the first two plots of land, in addition to the two now under consideration, plots RC1 and RC2. RC1, RC2 and RC5 have a total buildable surface area of 63,075 m2, according to the project. The residential component amounts to 55,823 m2, while the rest will be for retail and offices. Sources say that the average price per residential m2 will likely be around 3,200 euros, generating total revenues of close to 180 million euros to the land as a whole.
Original Story: Idealista
Adaptation/Translation: Richard D. K. Turner