The German fund Aquila Capital made its debut in Spain more than five years ago and now leads one of the largest property developers in the country, AQ Acentor. It has a macro-operation in Valencia and also controls an important rental housing portfolio.
Over the last few weeks, AQ Acentor has been back in the news thanks to its purchase of 5 plots in Viladecans for 80 million euros, which represents phase 2 of one of its star projects, AQ Llevant in Barcelona. There, it wants to develop 870 homes, with a cumulative global investment of 250 million euros. And, according to sources from the company, three of the plots will be used for the ‘fashionable’ business of the moment, namely, build to rent. In parallel, a few days ago, the firm signed the purchase of land in Alcalá de Guadaira (Sevilla), for the development of its second logistics project with an investment of around 65 million euros.
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