At Catella Corporate Finance Spain, we are proud to have acted as the exclusive advisor to Vía Célere in the sale of a residential plot in Los Cerros, one of Madrid's fastest-growing urban developments.
The transaction involves a site that will accommodate approximately 140 new homes and further highlights the strong investor appetite for Madrid's Southeast Developments. Planned to accommodate around 14,300 homes, Los Cerros is set to become one of the capital's most important and sustainable residential growth areas, with more than 1.7 million sq m of public green space and excellent connectivity to Madrid city centre, the international airport and the wider metropolitan area.
"This transaction highlights the strong interest from residential developers in securing positions within Madrid's major urban expansion areas. Los Cerros brings together all the key attributes today's market is looking for: scale, urban quality, sustainability, excellent connectivity and a residential offering capable of meeting the city's future housing needs."
Gonzalo Zulueta, Partner & Head of Living at Catella Spain.
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