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Acciona Buys More Than 200,000 m2 of Land in La Solana de Valdebebas for €80 Million

The company is entering the fray to offer new housing in one of the most sought-after areas of north Madrid.

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Valdebebas is synonymous with promoter struggles. Everyone wants their piece of the action in one of the most attractive neighbourhoods for investors in Madrid, to the north of the capital. And that is precisely where Acciona has just paid 80 million euros for a plot of land spanning between 180,000 and 250,000 square metres in La Solana de Valdebebas.

According to El Confidencial and as confirmed by market sources speaking to this newspaper, the operation will result in the construction of around 140 single-family and multi-family homes and will see Acciona make its debut in one of the areas with the greatest developer demand.

Read the full article in Spanish.


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