Grupo Lar has closed a new operation aimed at growing its joint venture with Primonial in the residential rental business.
Specifically, the Spanish developer has closed the purchase of a plot of 5,656 sqm of buildable area in Malaga, specifically in the Los Guindos area.
There, Lar will build 76 homes with 1 and 2 bedrooms. The floors are expected to be completed by the end of 2024. In total, the project investment amounts to just over 14 million euros.