The real estate investment manager Azora has closed the purchase of Inmobiliaria Vascongada, a leading rental home company in the Basque country, with more than 300 units in its portfolio, according to the newspaper El Confidencial.
Azora has extensive experience in the residential rental market through its own real estate agency Lazora, as well as through partnerships with other international investors. Currently, the company is collaborating with CBRE Global Investors and the developer Gestilar to develop two plots of land in Madrid on the Mahou-Calderon site where they will construct 340 properties for sale.