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Elix VRS’ budget for 2020 might reach €100M
14 February 2020 | Vanessa Sousa

REIT Elix VRS, which closed the year with a 16 asset portfolio, plans to continue its investment path in 2020, assigning a maximum 100 million euro towards new acquisitions.

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Housing assets located mainly in large urban centres such as Madrid and Barcelona, are the REIT’s main focus and it has already carried out its first acquisition this year: a 3.600 sqm residential building located in the Spanish capital which cost it 12.4 million euro.

Acquiring coliving assets is a possible path to follow, it all «depends on the building’s configuration, but it doesn’t restrain our investment strategy», commented Jaime Lacasa, the REIT’s executive director, to Spanish daily newspaper Eje Prime.

According to the data compiled through the Iberian Property Data, Elix VRS carried out a total 4 acquisitions last year for a total 29.7 million euro.