The property developer AQ Acentor, owned by the German manager Aquila Capital in Spain, has obtained authorisation from the Generalitat Valenciana to develop a new tertiary-use mega-complex in Turianova, the new neighbourhood next to Nueva Fe, on a plot spanning almost 500,000 square metres.
Having received the green light, the company is planning to build a new neighbourhood almost from scratch. Specifically, it will invest around 350 million euros in building a 168,000 square metre urban macro-project, which will house both commercial and leisure areas -which will span 77,000 m2-; as well as hotel and sports facilities, 1,200 homes, offices and other services.
Read the full article in Spanish.
