Diaphanum Real Estate has closed the acquisition of a portfolio of high-quality homes in Boadilla del Monte, in the Community of Madrid, in a transaction exceeding €20 million.
The purchase was made through its vehicle Priboa Gestión Residencial. The company has received legal counsel from Martínez-Echevarría and technical support from JLL.
The asset is the Priboa residential complex, consisting of three apartment buildings, and previously owned by Colonial. Until now, these properties have been used for rental, but the new owner plans a complete shift in strategy to market them for sale.
The transaction strengthens Diaphanum Real Estate’s presence in the residential segment, an area where the company has been intensifying its activity in recent months. The firm seeks assets with transformation potential in markets with high demand and limited supply.
In addition, the company continues to expand its investment strategy through various vehicles, including Elevate Living and Dream Las Chapas, all focused on the residential market. Overall, the firm has committed nearly €400 million to various real estate assets.
“The Priboa project is a very exciting challenge. Being able to acquire high-quality properties for subsequent management and sale allows us to continue growing in a solid, secure manner within established markets,” said Ignacio Sobrino, a partner at Diaphanum Real Estate.
Since its launch a year and a half ago, the firm has secured investment commitments totalling nearly €400 million, channelled through various investment platforms focused on residential, office, and retail assets. Its projects are primarily located in Madrid and on the Costa del Sol and are mainly geared toward private capital.
