The manager Ádsolum, which forms part of the Altamira doValue group, has announced the signing of a new land acquisition in Málaga that will involve a total investment of 37 million euros. This purchase sits within the new Build To Rent (BTR) vehicle created by the company.
The manager is going to develop a multi-use project on the land, which will comprise two independent buildings. The first building will be for residential use and will span 10,000 square metres with 108 free homes and an approximate retail area of 1,000 square metres on the ground floor. The second building will span 7,700 square metres, spread over 13 storeys, and will be used for tertiary hotel or office use.
Read the full article in Spanish.