13 January 2020 – El Periódico
Bonavista Developments, through Mitsubishi Estate London and Europa Capital, has completed the purchase of a plot of land in the heart of the 22@ district of Barcelona, on Calle Cristóbal de Moura, for an undisclosed sum.
The two companies are planning to invest €40 million in the construction of a new office building on the site. The new offices are expected to span a surface area of 11,500 m2 and construction is scheduled to begin later this year.
Original story: El Periódico (by Max Jiménez Botías)
Translation/Summary: Carmel Drake
5 December 2017 – La Vanguardia
The property developer Bonavista Developments will invest €100 million over the next three years in luxury housing in Barcelona. It will focus on both new-building developments and renovation projects, primarily in the upper area of the Catalan capital, as well as in El Eixample.
Specifically, the company has recently started work on the renovation of a building at number 34 Calle Girona in Barcelona. It has also launched two new build developments on the beachfront in Gavà Mar (Barcelona) and Calle Saüc in the Barcelona neighbourhood of Sarrià, according to a statement issued by the company on Tuesday.
Until now, the most iconic project carried out by Bonavista Developments has been the renovation of the modernist Casa Burés building, which involved an investment of €40 million and which is expected to be completed in 2018.
Bonavista Developments, associated with the British fund Europa Capital, focuses on both domestic and international clients and has identified the figure of a new buyer who spends periods of between two and three months in Barcelona.
The partners of Bonavista Developments, founded in 2014, are Jacinto Roqueta, Àlex Miquel and Marcus Donaldson, and the company manages the investments of Europa Capital, a British manager controlled by the Japanese group Mitsubishi Estate, which channels investments from institutions, such as insurance companies and pension funds, from Europe and the USA.
Original story: La Vanguardia
Translation: Carmel Drake
20 July 2015 – Expansión
The property developer Bonavista Developments and the British investment fund Europa Capital will invest around €20 million in the construction of 12 luxury homes on the beach front in Gavà (Baix Llobregat).
The two companies have acquired a plot measuring 11,500 m2 on the beach front, where they will build individual and semi-detached homes aimed at buyers with high purchasing power.
Homes in the development will come onto the market in December and will be designed by the architectural firm GCA, which is responsible for buildings such as the Hotel AC Diagonal Mar and the Gran Marina del World Trade Centre, both in the Catalan capital.
The houses will each have a surface area of between 300 m2 and 500 m2, with a private swimming pool and underground parking, as well as a communal garden area measuring 3,500 m2.
According to the Catalan property developer, Gavà Mar has become one of the most desirable areas for high-end international clients looking for a home next to the sea and a fast connection to the city of Barcelona.
With this development, Bonavista Developments expands its commitment to luxury real estate investment in Barcelona, following its acquisition of Casa Burés, a modernist building located in the Eixample district of Barcelona that the Generalitat sold a few months ago, and the development of a building on Calle Caspe, 33B.
Original story: Expansión
Translation: Carmel Drake