Impar Group Invests €20M in the Purchase of a Building on c/López de Hoyos

22 February 2019 – El Mundo

It has become one of the real estate groups that is revitalising the luxury residential real estate market in Madrid. Impar Group has identified its particular niche in the market with the renovation of classic buildings in the historical centre, as well as in the neighbourhoods of Chamberí and Salamanca, as “a way of restoring the urban heart”, said Roberto Perri, CEO of the group.

The company backed by Latin American capital has just added a new building to its portfolio of projects underway in Madrid, bringing the total to seven. It has purchased a building on Calle López de Hoyos, 171, with a buildable surface area of 9,000 m2, which will house between 60 and 70 homes, and which will have services such as a swimming pool and gym. The investment amounts to €20 million, plus the cost of the building work (…).

Original story: El Mundo (by M. J. G. Serranillos)

Translation: Carmel Drake