Totaling a surface are of 3.300 sqm, the number 9 of Paseo de Eduardo Dato will be totally refurbished into a senior residence.
Although this is a growing market, there is still an inbalance between the demand and the supply of Senior Housing in Spain, with an estimated shortage of product of around 100.000 beds in the country.
Pablo Callejo, national director of alternative investments of consultant CBRE, says "this operation continues to reveal the high investor interest in this sector, where the need of new units is a reality".
Photo: CBRE
