• Transaction / Assets
    3 residential complexes (Madrid, Barcelona & Valencia)
  • Seller
  • Buyer
    Vivenio
  • € MM
    31

Socimi Vivenio Invests More than €30M in 3 New Operations

11 June 2018 – Europa Press

Vivenio, the Socimi created by Renta Corporación and the Dutch pension fund APG, has closed the purchase of three residential complexes, involving a combined investment of more than €31 million, according to the company.

The properties are located in Madrid, Barcelona and Valencia, thus expanding its geographic diversification, since until now the Socimi had closed operations exclusively in the Spanish capital.

The complex that Vivenio has purchased in the capital is located in Móstoles, 20km to the southeast of Madrid, in a residential and well-connected area, which also enjoys abundant industry. The building, constructed in 2011, contains 102 rental homes with parking and storage rooms, and has an occupancy rate of almost 100%.

In terms of the first operation in Barcelona, the asset comprises three residential buildings located in Teià, to the northeast of the Catalan capital. The complex has 42 homes with two parking spaces and one storeroom each, and excellent common areas with garden areas and three swimming pools.

The third purchase made by Vivenio is located in Valencia, in a building located in the Torrefiel district, to the north of the city. The property comprises 68 homes, 110 parking spaces, 25 storerooms and two commercial premises, and is located in a well-connected area with a great deal of commercial activity.

Original story: Europa Press 

Translation: Carmel Drake

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