Permira to Sell Student Residences at the Universidad Europea

July 2019 – Richard D. K. Turner

The venture capital fund Permira announced that it would sell two student residences at the Universidad Europea, after having acquired the US group Laureate’s assets in Spain and Portugal at the end of last year. The fund is looking to raise 100 million euros with the sale.

The two student housing blocks are named Leonardo Da Vinci I and II and are located in the European University’s main campus, in Villaviciosa de Odón, just outside of Madrid.  The two residences can house up to 528 students and have a heated pool and gym.

Original Story: Cinco Dias – Álvaro Bayón / Pablo Martín Simón

Insur to Build 136 More Homes on the Outskirts of Madrid

4 April 2019 – El Confidencial

The Sevillan based property developer Inmobiliaria del Sur (Insur) has reported that it is now working on the construction of 250 homes in the Community of Madrid.

In addition to the projects already announced in Boadilla del Monte and Valdemoro, the company chaired by Ricardo Pumar is now going to start work on a new development in Villaviciosa de Odón.

There, it is going to build two groups of 68 single-family homes, which will form part of a larger development known as Monte de la Villa, which will eventually contain 2,500 homes in total.

Original story: El Confidencial (by Carlos Pizá)

Translation/Summary: Carmel Drake