Meridia has completed the acquisition of a recently delivered purpose-built flex living asset in Carabanchel, Madrid, from the joint venture between Bain Capital, Momentum REIM and Episode. Opened in April 2025, the property comprises 977 fully furnished units and more than 30,000 square meters (322,917 square feet) of gross built area. Designed to respond to the growing demand for flexible, high-quality accommodation, it offers a wide range of amenities, including co-working, gym, swimming pool, rooftop terraces, food and beverage areas and communal spaces tailored to modern urban lifestyles.
Located in one of Madrid’s fastest-growing residential districts, the asset benefits from excellent connectivity to the city center and strong demographic fundamentals. Episode, one of Spain’s leading specialized flex-living operators, will continue to manage the asset, leveraging its extensive experience in delivering high-quality resident experiences and driving operational perfor
