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Dazeo invests €20M in housing project in Madrid
04 April 2019 | Vanessa Sousa

Dazeo already gave the first step to move forward with its new 20 million euro investment in Madrid’s housing market: it purchased a 5.500 sqm terrain located at Embajadores street (107-109) this Wednesday.

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According to Eje Prime, the housing joint venture, created by Dazia Capital and Eurazeo Patrimoine, should build a housing project with 52 dwellings and several common areas, such as a gym, pool and parking lot.

Currently, the company has other projects of the same type under development in the Spanish capital. The rehabilitation of the building 141 in Alcalá street, which will have 20 apartments, is one of those projects.