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Grupo Lar bets on "build-to-rent"
21 October 2019 | Vanessa Sousa

One of Grupo Lar’s goals for the coming years is to bet on one of the trendiest alternative real estate segments right now – the so called “build-to-rent”.

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The bet should focus on the construction of a 66-floor housing complex aimed at the rental market for an estimated investment of 9 million euro.

The first stone will be laid in November, advanced Spanish daily newspaper Eje Prime last week. The project was designed for a 4.300 sqm terrain in the city of Valladolid in Spain, which is part of the company’s portfolio.

New developments of this type are already under the group’s radar in Madrid, Malaga and Barcelona. Its goal, according to the same newspaper, is to lead this alternative segment in the coming years.