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La Finca Considers Allocating Some of its Prime New Homes to Rental

La Finca, a company owned by the Cereceda family, is studying allocating the last phase of its LGC project in Pozuelo - around 180 homes - to the rental segment, both for build-to-rent and own operation.

LAFINCA LGC3
Homes in the LGC project.

La Finca is also interested in the possibilities that the rental housing sector has sparked amongst property developers and funds. The company, which is owned by the Cereceda family, is studying allocating the last phase of its LGC project – around 180 homes located in the Madrilenian town of Pozuelo – to the rental segment.

The developer is considering promoting the homes both for sale to rent, the already popular concept of build-to-rent, and for rent directly, explain sources close to the company speaking to Brainsre.news. La Finca Real Estate is a company that was created in 2016 from Procisa and Lugarce, firms founded by the businessman and father of the current president, Susana García Cereceda.

Read the full article in Spanish.

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