Tikehau Capital, Almond Real Estate and Elix have teamed up to invest in residential assets in Spain’s capital. The real estate investors have created an investment strategy to buy and refurbish residential units in urban areas in Madrid.
The refurb-to-rent investment strategy will buy vacant assets on a one-by-one basis with the aim of building a substantial portfolio, the companies said. Tikehau Capital is acting as a significant shareholder in the newly created venture.
Source: realassets.ipe.com on the 19th of July 2023