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Vandor to Invest Between €40 Million & €60 Million in Buying Property in Madrid

The Socimi's plan includes a total investment of 200 million euros that will be allocated to the purchase of residential buildings in any rental situation.

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The Socimi Vandor Real Estate is seeking to expand in the Spanish capital where it is planning an investment of between 40 and 60 million euros. There, it plans to purchase a number of buildings outright.

Why Madrid? Vandor is confident in the great potential of the city: “Madrid is the third largest European capital by population and it is experiencing a growing demand from young students and professionals seeking temporary accommodation in what is a dynamic and open city,” explains Xavier Robert, Director of Operations of the company.

Read the full article in Spanish.

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