AQ Acentor has acquired two new plots in the Zeta District, one of the main residential destinations in Malaga, consolidating its presence in the city. The developer currently has three residential projects under development in this sector (AQ Urban Zenit I, II & III) and, with this transaction, will increase its investment in the area by 65 million euros.
The new development, called AQ Zivit, will consist of two buildings of 91 homes each, with two, three and four-bedroom options. The project will feature varied and spacious communal areas, including gardens, children's areas, swimming pools, a gym and fitness area, a lounge & coworking club, and a games room. The marketing of these homes will begin in 2025.
With this investment, AQ Acentor will reach 300 homes under development in Distrito Zeta, reaffirming its commitment to this residential sector promoted by Urbania since 2021. The company stresses that Distrito Zeta stands out for its urban development elements, such as the 5G data network, photovoltaic panels, urban gardens, lanes for sustainable mobility, charging stations for electric vehicles, and pet parks. In addition, the development, currently at an advanced stage, is expected to be completed by 2025, including more than 70,000 square metres of green areas and 125,000 square metres of public land.
Julio Gómez, territorial director of AQ Acentor in Andalusia, said: ‘AQ Zivit is a great announcement for us, a privilege that allows us to consolidate our position in a national reference project such as Distrito Zeta’. Regarding the investment, he adds that ‘With this project, we exceed the 210 million euros committed to new developments since 2023 in Andalusia. This autonomous community is and will continue to be a strategic region for the growth of AQ Acentor, where we continue to work on future investments’.
In terms of total investment, AQ Acentor has reached 510 million euros nationally from 2023, with a pipeline of more than 3,100 units to be delivered over the next five years. The developer has expanded its geographical presence to new locations such as Seville and Murcia, while strengthening its business in key markets such as Malaga and Valencia, and resuming activity in Madrid and Barcelona.
Since its arrival in Málaga in 2017, AQ Acentor has developed more than 1,720 homes and invested more than €570 million in 17 developments in the capital, Rincón de la Victoria and Estepona.