Azora has acquired a new BTR development of 250 homes in Valdemoro, Madrid, from the French developer Emerige on behalf of its Nestar BTR platform.
Financial details were kept confidential.
The development comprises 150 two-bedroom and 100 three-bedroom homes, all of which are already on the market and fully equipped kitchens and bathrooms, air conditioning, and a terrace. In addition, the development has a modern garage and storage rooms available to tenants.
The residential building also has communal areas including swimming pools, a paddle tennis court, multi-sports court, gymnasium, coworking space, pet spa and children's playground, amongst others.
The project has been designed by architecture firm Morph Studio. It holds the BREEAM Good sustainability certification and an A energy rating.
Source: propertyeu.info on the 9th of October