Testa Residencial acquires €228M to CaixaBank

Testa Residencial acquires €228M to CaixaBank

 

According to El Economista, this acquisition is part of the company's strategic growth plan, which focuses on the purchase of complementary assets. The socimi should increase its annual billing by €8.7 million, since 90% of the 42 projects in this portfolio are leased. 66% of the properties are located in Madrid, Palma de Mallorca, Barcelona and Valencia.

The Testa thus adds 10,702 houses in Spain.

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