To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionAzora’s Nestar platform acquires 250-home build to rent development in Valdemoro, Madrid from Emerige
Azora, on behalf of Nestar, a build to rent (BTR) platforms owned and managed by Azora, announced that it has acquired a new BTR development of 250 homes in Valdemoro, Madrid, from the French developer Emerige.
The development comprises 150 two-bedroom and 100 three-bedroom homes, all of which are on the market and fully equipped kitchens and bathrooms, air conditioning and a terrace. In addition, the development has a modern garage and storage rooms available to tenants. The residential building also has communal areas, including swimming pools, a paddle tennis court, multi-sports court, gymnasium, coworking space, pet spa and children’s playground, amongst others.
The project has been designed by the architecture firm Morph Studio, featuring a modern and innovative design with a strong focus on the user. It holds the BREEAM Good sustainability certification and an A energy rating.
The building is in Calle Felipe III, Valdemoro, in built up area next to the C