trending Market Intelligence /marketintelligence/en/news-insights/trending/prtcxnukht8uiiv_vm9kow2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

CBRE Global, Madison Realty team up to buy €870M Spanish residential portfolio

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


CBRE Global, Madison Realty team up to buy €870M Spanish residential portfolio

Asset managers CBRE Global Investment Partners Ltd. and Madison International Realty LLC are buying 65 mid-market apartment buildings, primarily in Madrid and valued at €870 million, Reuters reported.

The joint-venture partners are making the purchase as part of a recapitalization of an Azora-managed fund, according to the Sept. 10 report. Azora has a minority stake in the venture and will remain the manager of the 6,458-unit portfolio.

Both CBRE Global and Madison said they would look to grow the venture, Reuters added.