According to EjePrime, the developer is in advanced negotiations with several international funds for the creation of these new joint ventures, which the financial partner controls 75% of the company and the developer the remaining 25%.
Jorge Pérez de Leza, CEO of Metrovacesa, explained to Expansión that it’s expected the first agreement to be closed by the end of this year, an initiative that "allows us to sell land at prices around the GAV (gross value of assets) or above and keep a participation in the project".