The fund manager GPF Capital is continuing to bet on the real estate sector with an operation that represents its entry into the luxury housing market. The Spanish fund, in alliance with the private banking leader A&G, has purchased two plots of land spanning around 20,000 square metres in Valdemarín, one of the most exclusive leafy areas in Madrid, to build 30 ‘premium’ homes with a planned investment of 30 million euros.
In addition to GPF Capital and A&G Private Banking, CHQ Corp has also participated in the operation, which will, in turn, assume the functions of delegated property developer.
Read the full article in Spanish.
