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Tectum Will Invest €84 Million in Rental Homes This Year

The company plans to invest 84 million euros by the end of the year in the construction of 'build to rent' projects in the Spanish market. Over the coming months, the firm will build a 100-home development in Madrid.

Residencial viviendas arroyomolinos Fuente Tectum 1

The company Tectum plans to invest 84 million euros between now and December, equivalent to 35% of its second fund, which amounts to 240 million euros in total.

Moreover, the fund plans to close an operation in the Community of Madrid in the coming months, where it will construct a 100-home development. Also, Tectum is working to close another investment during the fourth quarter.

Read the full article in Spanish.

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