AltamarCam Partners and Terralpa Investments have reached an agreement to launch a new vehicle to invest in projects in the high-end residential market in Madrid and other Spanish cities. It will do so through a management company jointly owned by the two companies, which has approximately 200 million euros to spend.
The objective is “to take advantage of the favourable evolution of the high-standing residential segment where both AltamarCAM and Terralpa Investments have extensive experience,” said the two companies in a statement. The fund will invest primarily in projects in Madrid.
Read the full article in Spanish.