Corestate buys new lands in Spain

Corestate buys new lands in Spain

 

The company's idea is to be in the top 3 of this market by 2020, with 1,000 beds, competing with companies such as Greystar or GSA.

By the end of the first quarter of this year, Corestate managed assets worth €22,000 million, and wants to add assets to its portfolio of 206 new beds that start in September in Madrid and to the 300 it will have in Seville.

According to EjePrime, the company will be closing, for example, the purchase of a land for the construction of 400 beds and another four plots for 700 beds. It should close 2018 with more than 200 beds in Madrid.

In Portugal, it shows interested in cities like Lisbon, Oporto or Aveiro.

Iberian Property logoIberinmo logo
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!