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Sabadell sells terrain to Exxacon in Valencia
11 October 2019 | Vanessa Sousa

An 18.123 sqm terrain was sold this Thursday by Banco Sabadell to Spanish Exxacon, which intends to develop on it a housing project estimated at 20 million euro.

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Exxacon’s first transaction in Valencia is part of the company’s strategic investment plan defined until 2020 and which contemplates the development of 1.300 new dwellings.

This specific project will start with only 157 dwellings, but according to the information gathered by Spanish daily newspaper Eje Prime, Exxacon has 1.200 dwellings under development spread across 19 real estate projects. Investment on all these developments has already reached 400 million euro.

In order to reach its planned goals, the Spanish developer specialised in Smart Living has a new Spanish city under its sight: Seville. And, according to the daily newspaper, it is also considering operating in Portugal.