The company controlled by entrepreneur Carlos Slim had already spent 25.2 million euro in 2019 on the purchase of the terrain and development of the first project and should spend a further 28.3 million euro to develop the other 2, which will represent 195 units more, as revealed by Europa Press.
This investment is in line with Realia’s goal for the next few years. Realia’s president, Juan Rodríguez Torres assumed that future projects will seek «to reach yields higher than their dimension and volume» so that Realia becomes «one of the most profitable real estate companies and as such, we will only approach projects which offer value and profit», he highlighted.
