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Vía Célere Closes a Record Land Sale with Culmia

The property developer Värde is continuing with its non-strategic land sale plan and has sold several plots in Sevilla to the former entity SDIN for the development of 226 homes.

Jose Ignacio Morales Plaza
Jose Ignacio Morales Plaza, CEO of Vía Célere

The property developer Vía Célere, a real estate company controlled by several funds led by Värde Patrners, has sold a portfolio of land in Sevilla to Culmia, the firm formerly known as Solvia Desarrollos Inmobiliarios (SDIN).

This is the largest land sale operation that Vía Célere has carried out in its history, according to El Confidencial. On the plots, the property developer, which is now controlled by the fund Oaktree will be able to construct up to 226 homes in buildings with a maximum of eight storeys and several common areas.

Read the full article in Spanish.

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