Circular Capital to invest more than €10M in a development in Torrelodones

Circular Capital to invest more than €10M in a development in Torrelodones

Circular Capital, the entity specialising in investment management and strategic transformation in the construction and related industries sectors, which is part of the Construcía Group's business ecosystem, has acquired a plot of land for the construction of 14 semi-detached single-family homes in one of the best areas of the municipality of Torrelodones in Madrid.

It is a plot of more than 6,500 sqm located in the new urban development of Las Marías, in Torrelodones, an area where the development of more than 280 homes is planned in a unique environment surrounded by nature and only 25 minutes from the capital of Madrid.

The homes, with a built surface area of over 200 sqm and located on plots exceeding 500 sqm, will be designed and built under the principles of the circular economy, reinforcing the focus on an economy that promotes the reuse and recycling of materials.

During the development of the project, indicators such as carbon footprint, water footprint, ecotoxicity and health of materials or the cyclability potential of the project, among others, will be measured.

"This second acquisition of the year confirms Circular Capital's ability to identify and realise investment opportunities that, in addition to delivering market returns, allow the company to continue to lead the mission of redefining the status quo in the sector, generating a positive impact for all stakeholders. We want to drive the transition to investment as a driver of positive change for society and the planet, we want to change the rules of the game," said Cástor González, CEO of Circular Capital.

This purchase operation was made possible thanks to the collaboration of the real estate consultancy aCapital, which specialises in the acquisition, brokerage and sale and purchase of land at a national level, and which is part of the aFinance group. The strategic relationship between the consultancy firm and Circular Capital laid the foundations that will allow the execution of the growth and expansion plans of both companies for the coming years.

"We are pleased to have been able to accompany the entire Circular Capital team from start to finish in this transaction. It is a great success for both companies and an important first step that will allow us to continue growing towards 2024. We are fully focused on the search for new opportunities to materialise more land deals in the coming months," concluded Miguel Dalmau, CEO of aCapital

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