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Grupo Lar and Primonial to Invest €350 Million in Rental Homes

Grupo Lar and the French fund manager are teaming up to invest 350 million euros in homes for rent.

Viviendas de grupo Lar en Alicante 1

Grupo Lar is continuing to bet on rental housing, this time in conjunction with the fund manager Primonial. The real estate firm and the French group are going to invest around 350 million euros in residential developments for rent (build to rent) over the coming years, according to Expansión.

The terms of the agreement may be closed over the coming weeks if everything evolves as planned, since the firms are already in the final stages of their negotiations.

Read the full article in Spanish.

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