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Patron Capital to Invest More Than €30 Million in the Purchase of Buildings in Bilbao

Patron is going to invest 200 million euros in residential buildings over the next two years through its Socimi Vandor.

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Patron Capital is going shopping. Through its Socimi Vandor, the firm is going to invest 200 million euros in residential buildings over the next two years.

To date, the company has invested 50 million euros in total. Now, Vandor is looking to grow in various cities, such as Madrid, Barcelona and Valencia, in addition to Bilbao, where it expects to invest between 30 and 40 million euros. In the last 18 months alone, the firm has acquired eight buildings all over the country. “Bilbao is an important city for our growth, hence our interest in investing in the acquisition of new buildings there”, says Xavier Robert, Vandor’s Director of Operations.

Read the full article in Spanish.

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