Through its subsidiary IDS Valdebebas Parque Empresarial, Grupo Insur has purchased a 17,165-square-metere plot of land from the Valdebebas Park Compensation Board for 22.9 million euros.
According to the real estate group, which is listed on BME Growth, the project will involve an investment of between 95 and 100 million euros. The new state-of-the-art business campus will span 66,500 square metres and will be used for offices and other tertiary purposes. The construction work will be divided into two phases and will begin in the third quarter of 2023.
Read the full article in Spanish.