Aliseda places 2.115 terrains estimated at €300M on the market

Aliseda places 2.115 terrains estimated at €300M on the market

The assets are located across all Spanish provinces. According to newspaper Expansión, Castellón is the province which holds the largest number of terrains – 15% of all the portfolio’s assets, followed by Valencia with around 9%, Toledo and Valladolid with 7%, A Coruña with 6%, Alicante with 4% and Barcelona with 3%.

Only 20% of the assets are destined for the industrial and tertiary segments. The vast majority of the terrains is directed at the housing segment and have the capacity to host up to 24.000 dwellings.

Aliseda is open to receiving bids until the last day of the year. This is a campaign directed at small local developers which includes payment facilities when purchasing the assets, this strategy aims to «aid the small developers by providing them time to close the projects’ financing», explained Adolfo Blázquez, director of terrains at Aliseda in an interview to newspaper Expansión. This model consists in paying only 5% of the asset’s value when acquiring it and the remaining until 2021.

Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!