A residential joint venture between Barings and Spanish developer Salas has acquired three new land plots for an unspecified amount.
The partnership has bought the assets in the Barcelona metropolitan area, comprising two plots in Gavá and an industrial site in Terrassa’s historic Industrial Freixá, on behalf of their residential joint venture, which targets €150 million deployment across the Spanish residential market.
The Gavá plots are expected to deliver 278 apartments along with over 2,300 square meters of retail space. The second industrial Freixá site in Terrassa, is a flagship urban regeneration project for 67 new homes.
Source: realassets.ipe.com on the 27th of October