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Izilend finances more than €75M in real estate projects in Spain
04 December 2019 | Observatorio Inmobiliario

Izilend, alternative financing vehicle from FS Capital, financed 75 million euro in one year in Spain and it expects to reach 100 million euro in financing by the end of 2019.

Foto
Team of Izilend 

During its first twelve months of activity IZILEND financed 27 real estate operations in Madrid, Andalusia, Catalonia, Levante and the Balearic Islands and the company is analysing other opportunities in other regions within the country such as the North of Spain.

Despite a significant part of the operations on which IZILEND took part requiring financing between 1 and 10 million euro, the company also closed several operations with numbers above 10 million euro in the last few months in projects located in Valencia and Malaga.

The company expects to maintain its growth, given the current Spanish real estate scenario and the opportunities available for what’s left of 2019 and for 2020, expecting to reach 100 million euro in financing by the end of 2019.