20 May 2020 – Brainsre.news
The investment vehicle, which has €113 million to spend, will finance the development of luxury real estate projects.
The fund M Capital is preparing for its upcoming launch in Spain on 1 June. The intention of this new investment vehicle, which has €113 million to spend, is to finance the development of real estate projects, according to El Economista.
The capital within the fund will be used in three ways: first, by providing capital to buyers to acquire high-end real estate sites that have already been developed; second, by providing equity to promoters to develop new tailor-made international projects; and third, by providing bridge financing to developers in those markets that lack the UK’s bridge loan infrastructure, including Spain, Portugal and France.
Original Story: Brainsre.news
Translation/Summary: Carmel Drake