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AXA IMRA purchases €77M housing project in Barcelona
18 September 2019 | Ana Tavares

AXA Investment Managers – Real Assets, real estate subsidiary of insurance company Axa, purchased two stages of housing project Marina Living from Stoneweg for 77 million euro.

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The complex is located in Badalona, Barcelona, and when it is concluded in 2021, it will have a total 28.000 sqm and 216 houses for rent, besides retail areas and parking spots, according to a release from Savills, which advised the operation.

According to Property Magazine International, Stoneweg will remain as the developer of this asset.