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TPG sells 400 unit residential portfolio
16 September 2019 |

A new portfolio from American fund TPG with 400 dwellings is on the rental market in Catalonia, Malaga, Valencia and Madrid.

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The 9 building portfolio might be sold for, at least, 75 million euro. Besides the dwellings, which have an occupancy rate of 90%, the portfolio also includes 600 parking spots.

This portfolio was formerly owned by fund Catalunya Caixa Proprietat FII, and was bought by REIT Hadley Investments, owned by TPG, in 2017, according to EjePrime.