The French fund manager Primonial has joined forces with Grupo Lar, a real estate company owned by the Pereda family, to create a new rental housing platform, with a presence in several cities in Spain.
Through this agreement, Grupo Lar is continuing with its commitment to the rental housing segment “to meet a clear market need,” explained the company in a statement. According to the Spanish firm, there is currently an imbalance between supply and demand in the residential rental market in large cities.
Read the full article in Spanish.