Terralpa Acquires the General Martínez Campos 19 Luxury Development in Madrid

8 November 2019 – Terralpa, a fund created by Ramón Hermosilla and the Mexican investors Rodrigo Lebois (Unifin) and José Ramón Liñero (Terrafondo), has acquired the General Martínez Campos 19 luxury development for €20 million.

The development, which the British fund Europa Capital (The Rockefeller Group) sold, will consist of 27 flats in a 7-floor building. The homes would have between 120 and 310 square meters of surface area, along with 57 parking spaces and storerooms.

Terralpa is planning to invest a total of 250 million euros within three to five years in the General Martínez Campos 19 development and other works in progress.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner