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Elix to Build 1,200 Homes After Signing an Agreement with a Fund Managed by CBRE

The agreement aligns with the fund's strategy of investing in affordable rent-stabilised housing and facilitating access to housing for middle-income households.

Teresa Marzo CEO de Elix 1024x701 1
ELIX, Teresa Marzo, CEO.

The Socimi Elix, a national real estate investment manager, has signed an agreement with a fund managed by CBRE Investment Management (CBRE IM) to promote a portfolio comprising approximately 1,200 affordable and sustainable homes in Spain. The manager, which focuses on residential assets with high added value within the metropolitan areas of Madrid and Barcelona, ​​indicated that the agreement aligns with the fund’s strategy of investing in affordable rent-stabilised housing and facilitating access to housing for middle-income households.

Elix will identify, analyse and present investment opportunities to CBRE IM, taking into account the strategy’s investment criteria in terms of location, size, quality, affordability and sustainability. During this process, the firm will support the fund throughout the process of executing the purchase of buildings, defining the asset repositioning strategy in terms of ESG and handling any subsequent asset management.

Read the full article in Spanish.

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