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Primevest: “We Will Invest €100 Million in the Build to Rent Sector in Spain”

The European investment manager plans to spend 100 million euros over the next two years buying up rental housing in Spain; it already has several operations under consideration.

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Peter Renk, Partner & portfolio manager at Primevest CP.

With a portfolio of assets under management worth 1.7 billion euros, eight real estate funds and three investment mandates from various institutional entities, the investment boutique Primevest Capital Partners has decided to back the real estate market in Spain, with the aim of promoting new investments in the country.

“We currently invest in and manage residential projects in Germany, Austria, the Netherlands and Denmark. Based on previous experience in Spain, we have decided to expand our investment activities to this market as well”, say Peter Renk and Olaf Steinbusch, Partner & Portfolio Manager and Senior Acquisition Manager, respectively.

Read the full article in Spanish.

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