Colonial launches Alpha III project investing €480M

Colonial launches Alpha III project investing €480M

 

This plan included the purchase of 5 assets, 4 in Madrid and one in Barcelona. In Madrid, the investment will be the development of more than 110,000 m2 in offices in the south of the city’s CBD, in the area of Méndez Álvaro, and the acquisition of two assets in new business areas.

According to the company, "the Alpha III project is part of Colonial's organic acquisitions program with an annual investment volume of between €300 million and €400 million”, refers  EjePrime. "Since 2015, Colonial has already invested more than €2000 million in new projects."

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