Aelca accelerates its activity in Spain with the start of the construction of 468 houses

Aelca accelerates its activity in Spain with the start of the construction of 468 houses

 

Thus, in the first four months of 2018, the promoter has started the construction of 468 new units, which add a total building area of more than 56,000 m2 and an investment of €99.2 million.

These houses are distributed in seven classes, located in the Community of Madrid, Catalonia and Andalusia. "Becoming one of the leading promoters requires to be at the forefront and preserve a solid and trustworthy trajectory. For six years now, we have been following a steady growth rate at a high speed, surpassing the objectives set, and that is only possible with control, responsibility and a team of highly qualified professionals. The business strategy in the short and medium term is to continue increasing our portfolio of assets and expand to other communities where we have detected a demand of houses," says Javier Gómez, CEO of Aelca.

The company has today a land for urban development portfolio to build more than 13,000 houses, and since its founding in 2012, has already delivered more than 1,200.

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