Football players create €70M fund to invest in real estate

Football players create  €70M fund to invest in real estate

 

According  to EjePrime, this sociecty is led by Medcap Real Estate, a fund belonging to Andrés Puyol’s family. It takes off with a social stock of 30 million euro, which raises the investment to 70 million euro, focused mainly on the retail market.

The first investment was the purchase of a 2.500m2 asset in Jerez de la Frontera, rented to El Corte Inglés. About 10 other investments will follow in Spain and Portugal, namely in Madrid, Barcelona, Lisbon and Porto.

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