HomeCompaniesTectum Launch...

Tectum Launches a New Vehicle to Invest €240 Million in 1,500 Rental Homes

The fund is continuing with its commitment to the 'build to rent' segment and is launching a new vehicle through which it will invest 240 million euros in the development and operation of around 1,500 homes.

Edificio de viviendas de shutterstock 1024x683 2 2 1 4 1 1

The fund Tectum is continuing with its commitment to rental housing in Spain with the launch of a new vehicle through which it will invest around 240 million euros, during the course of this year, in the development and operation of around 1,500 rental homes in the main provincial capitals.

This is the second vehicle, baptized Tectum II, that the fund has launched following the sale of the first to AXA IM. That deal represented the largest build to rent operation to date and involved the sale of 919 flats for 150 million euros.

Read the full article in Spanish.

B-Exclusives

Latest news