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Aedas Developing Projects Worth €500MM in Catalonia

The developer is working on 34 developments with a total of 1,970 homes in different municipalities in Barcelona and Tarragona, of which it has delivered 11 with 630 properties.

Edificio de la promocion Torre Estronci 81 de AEDAS Homes en Hospitalet de Llobregat. www.brainsre.com

Aedas Homes continues to grow in the residential market in Catalonia, which has become one of the company’s strategic areas. Recently, the developer delivered a total of 1,963 homes, 300 of which are located in Catalonia.

The company controlled by the US fund Castlelake continues with its expansion plan in Catalonia. Over the past year, it has invested around 25 million euros in acquiring five plots of land to develop about 350 homes in different cities in Barcelona: Sabadell, El Masnou, Terrassa and Sitges, where it will shortly begin marketing its first development, Nisart.

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