Testa acquires €228m Spanish resi portfolio from Caixabank


Testa Residencial has acquired a 1,458 apartment portfolio from Caixabank´s real estate subsidiary BuildingCenter SA for €228m (£200m).

The portfolio is predominantly focused on Madrid, Mallorca, Barcelona and Valencia where 66% of the 42 buildings are based with the rest located in other metropolitan areas in Spain.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue