Vandor seeks to expand in Madrid where it plans to make an investment of between 40 and 60 million euros for the purchase of owned buildings. From Vandor they see great potential in the capital since "Madrid, the 3rd European capital by population, provides a growing demand for young students and professionals seeking temporary accommodation in a dynamic city open to the outside," explains Xavier Robert, director of Vandor operations.
Vandor is the socimi of Patron Capital, one of the leading real estate investment funds in Europe, through which they are carrying out a national expansion plan, specifically, in cities such as Barcelona, Madrid, Bilbao and Valencia. The expansion plan has 200 million euros to invest in residential buildings in vertical property, in any rental situation, during the next two years, of which 50 million euros have already been invested so far.
Vandor seeks to acquire assets within the M-30 and is committed to central and well-connected areas. To guarantee growth and expansion "we work hand in hand with a network of intermediaries because, thanks to the close collaborative relationship we have built, it allows us to make faster and more rigorous offers," Xavier points out.