Monday, November 23, 2020
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CaixaBank Finances Build to Rent Projects Worth €300 Million

Rental housing projects will continue to be financed for at least two more years, as long as they are located in prime cities and comprise a minimum of 80 homes, say sources at Colliers.

The dynamism of the build to rent (BTR) or rental housing market is clear and financially viable, but like everything else, the banks are selective when it comes to granting finance.

It is not about reconverting residential developments for sale for rent, but about designing products that are appropriate to the rental demand profile and remembering that the business is one that is growing. That is according to the executives who were invited to a meeting on the topic organised by the consultancy firm Colliers International.

Read the full article in Spanish.

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