Results
Madrid City Council is transferring €32.9M to EMVS for affordable housing
The funding is divided into 20.3 million for new housing developments and 12.6 million to maintain a public housing stock of around 10,000 rental properties.
Madrid wants to be the European capital of affordable housing
Embracing real estate as a key element for its future development, Madrid announced at MIPIM its ambition to become the European capital of affordable housing. And to attract private capital to join this mission, the city is undergoing a veritable ‘revolution’ in urban planning and licensing processes, as explained by José Luís Martinez Almeida, Mayor of Madrid, and Carolina Roca, President of ASPRIMA.
JP Morgan provides €200M financing to DFI to back Spanish affordable housing
DFI’s original business plan for Niding targeted the creation of a 5,000-home portfolio, meaning the platform has so far achieved around 60% of that goal.
Tectum to invest €350M in affordable rental housing in Spain
Most developments will be located in the Community of Madrid, although the manager has also secured tenders from the City Council of Palma.
Lagoom signs agreement with Ikea for its affordable rental project in Malaga
The agreement is part of 'Distrito Universidad', a residential development of 530 social housing units promoted through public-private partnership.
Barings purchases 305 turnkey homes in Los Cerros from Aurora Homes
The development, with around 24,000 sqm of buildable space and an investment of over €70 million, will be used for affordable rental housing in the Vicálvaro neighbourhood of Madrid.
Primero H and Hispaled partner to deliver affordable housing in Madrid
Under the seven-year agreement, Primero H — promoted by Asocimi and Hogar Sí — will transfer the management of a residential asset to Hispaled, whose mission is to create decent employment opportunities for young people at risk of social exclusion within the energy efficiency sector.
Avintia wins three affordable housing lots in the Community of Madrid
The company will develop 859 homes in Alcobendas and Loeches as part of the regional affordable rental programme.
A&G plans up to €1.1bn of alternative investments over five years
The private banking group is prioritising living-related assets, with a particular focus on flex living, student accommodation, senior housing and affordable residential formats.
Spain’s Affordable Housing sector at a turning point
Spain’s affordable housing market is entering a new phase that aligns well with the characteristics of institutional investors seeking long-duration, impact-oriented exposure, according to the latest Octopus Capital report.