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Tectum Acquires Land in Torrejón For Rental Housing

Together with Locare, the firm will promote 86 homes on this site, in addition to the more than 1,300 that it already has under development.

viviendas alquiler mostoles fuente Locare y Tectum 560x267 1 1
One of the joint venture’s developments

The property developer Tectum is continuing with its objective of boosting the stock of affordable rental housing in the Community of Madrid, and to this end, has acquired a plot of land in Torrejón de Ardoz. Together with Locare, the firm is going to promote 86 homes on the site, which will join the more than 1,300 that it already has under development for affordable rental.

The development, which will be located in the Aldovea area, one of the fastest-growing parts of the municipality, will comprise 1, 2 and 3-bedroom homes. In addition, the building will have some commercial premises.

Read the full article in Spanish.

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