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News » Spain
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GPF Capital invests in premium Madrid resi development

GPF Capital has led an investment of more than €30 million to build a development of 30 premium homes in Valdemarín, one of Madrid’s most exclusive neighbourhoods. The real estate fund manager has emerged as the main shareholder in two plots of land of c. 20,000 m² 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 customisation - on plots of more than 500 sq m each, inside a closed urbanisation with private access and strong safety measures.

The investment follows GPF Capital’s recent acquisition of the Axis building in Plaza de Colon from CBRE Global Investors in Januar. Designed by architect Norman Foster, the iconic building comprises of c4,000 sq m GLA over five floors.