IDC Network se une a SilverPine para invertir en inmobiliario
SilverPine Property Investors (SPP Investors) y IDC Network crean una 'joint venture' para destinar 150 millones de euros a la compra y promoción de inmuebles y superar los 300 millones en activos. Leer
IDC Network has joined forces with SilverPine Property Investors (SPP Investors) to invest in real estate, with the goal of acquiring, developing and managing properties in urban areas with limited supply and high demand. The joint venture aims to mobilize assets of between 300 and 400 million euros over two or three years, with SilverPine contributing 150 million euros in equity and IDC Network providing financial leverage of between 55% and 70%.
The venture will focus on Spain and Portugal, with plans to expand to other key markets in Western Europe. So far, two investment deals have been signed in Madrid, one on Alcalá street and the other on Atocha street, which will bring about 60 apartments to the portfolio. Additionally, the venture is in the process of acquiring a third property, adding another 70 floors.
IDC Network, a global platform for managing alternative and international assets with over 30 years of experience, has invested in this venture along with SPP Investors, a Madrid-based firm specializing in residential and hotel properties.
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