Elix VRS’ budget for 2020 might reach €100M

Elix VRS’ budget for 2020 might reach €100M

Housing assets located mainly in large urban centres such as Madrid and Barcelona, are the REIT’s main focus and it has already carried out its first acquisition this year: a 3.600 sqm residential building located in the Spanish capital which cost it 12.4 million euro.

Acquiring coliving assets is a possible path to follow, it all «depends on the building’s configuration, but it doesn’t restrain our investment strategy», commented Jaime Lacasa, the REIT’s executive director, to Spanish daily newspaper Eje Prime.

According to the data compiled through the Iberian Property Data, Elix VRS carried out a total 4 acquisitions last year for a total 29.7 million euro.  

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!