Vyosa is known in the real estate sector for owning one of the best buildings in the Spanish capital: the iconic Edificio Beatriz.
The residential complex is made up of 89 multi-family dwellings and 18 officially protected dwellings, spread over two buildings.
Urbas's EBITDA amounted to 26 million euros in H1 2022, also doubling the figure for H1 2021 when it recorded a profit of 11 million euros.
The property developer is going to build 42 homes and generate more than 100 direct and indirect jobs in the Andalucían city.
As a result of the acquisition, Logista incorporates a network of 14 logistics platforms spanning 45,000 square metres into its portfolio.
The acquisition marks a significant step in Architrave’s unstoppable mission to become a global proptech powerhouse.
The complex is located in Nueva Andalucía, just 1.5 kilometres from the main campus, and spans 7,000 square metres.