Edison Capital is expanding its presence in Spain’s residential property market with the acquisition of two development sites on the Costa del Sol, comprising a combined 128 townhouses and detached villas.
The developments, located in Elviria and Estepona, have an aggregate gross development value (GDV) of approximately €210 million. Following the acquisitions, the investment firm’s total GDV across its Costa del Sol development portfolio will exceed €250 million.
The deals add further scale to Edison Capital’s residential development platform in a region that continues to attract strong investor and buyer demand, particularly in established locations along the Costa del Sol.
Beyond Spain, Edison Capital is also expanding its international development platform. The company currently has around $200 million of active developments in Dubai and is in discussions to acquire an equity stake in a UK developer with a pipeline of approximately 5,000 homes.
Edison Capital is also targeting further international expansion, with plans to enter the Miami, Abu Dhabi and Israeli real estate markets in 2027.
“Our strategy remains focused on acquiring high-quality development opportunities in prime locations, working with experienced partners to deliver exceptional residential communities while creating long-term value”, said Calum Melville, CEO of Edison Capital.
The company added that the Costa del Sol continues to demonstrate “strong fundamentals”, with significant opportunities to expand its residential development platform both across the region and in other international markets.
The latest acquisitions reinforce Edison Capital’s strategy of building a diversified residential development portfolio across high-growth markets, combining local development opportunities with a broader international expansion programme.
