Saturday, October 31, 2020
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DWS Enters the Spanish Residential Rental Market by Investing €100 Million

The German firm is joining forces with Urban Input to develop two build to rent projects in Madrid and Barcelona that will comprise 320 homes and in which it will invest 100 million euros.

Ensanche de Vallecas (Madrid). Source: Google Maps.

The manager DWS, in which Deutsche Bank holds a majority stake, is entering the residential market in Spain through its real estate division to develop a large rental housing platform.

The company has closed the purchase of its first two developments in Madrid and Barcelona through two of its real estate funds using the build to rent formula, according to El Economista.

Read the full article in Spanish.

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