MK Premium to Invest €8M in Asset Purchases in Barcelona

17 October 2018 – Eje Prime

MK Premium is focusing on Barcelona. The company led by the brothers Daniel and Sergio Leiva is going to invest €8 million in the acquisition of assets in the metropolitan area of Barcelona. With this commitment, the company will make its debut in municipalities such as L’Hospitalet de Llobregat, Badalona and Santa Coloma de Gramenet.

For Daniel Leiva, one of the co-founders of the company, “the time has come to expand our business opportunities to other municipalities bordering the Catalan capital, where there are real estate products that fit with our business model”.

The Catalan family office expects to announce its first purchase in the metropolitan area of Barcelona in the coming weeks. Moreover, the company is going to continue to renovate its properties to improve their conditions and returns.

These plans coincide with MK Premium’s business strategy over the medium term. The company is planning to expand its capital estate by 50% and to extend its presence to other cities in Spain.

Founded in 2012, MK Premium owns buildings in Madrid and in Portugal – it first expanded to that country at the end of December. The Spanish real estate firm is planning to increase its real estate investment by 15% this year and close 2018 with a profit, following the acquisition of more than eighty assets.

Original story: Eje Prime

Translation: Carmel Drake