GPF Capital leads an investment of more than €30m to build a development of 30 premium homes in Valdemarín, one of Madrid’s most exclusive neighbourhoods. GPF Capital has emerged as the main shareholder in two plots of land of c.20,000m2 in Valdemarín, a luxurious neighbourhood located in the West of the city of Madrid. A&G Banca Privada and CHQ Corp are also shareholders in the Project. The latter will also act as a developer.
The Valdenebro development has recently obtained a license to build 30 premium single-family homes with gardens and swimming pools. It is expected that the homes will be delivered by the spring of 2022. The prestigious architecture studio Ábaton has been selected to design these homes - all with the possibility of customization - on plots of more than 500m2 each, inside closed urbanization with private access and strong safety measures.
This real estate investment follows GPF Capital’s recent acquisition of the Axis building from CBRE Global Investors in January. The emblematic Axis building was designed by famous architect Norman Foster and is located in Paseo de la Castellana, a major street in Madrid that cuts across the city from South to North.