Fund buys a plot in BCN tech-district
Real estate investment fund Corestate focuses on student housing in Barcelona. The fund has bought a site in the Pallars street, in the technological 22@ district.
The fund is planning to construct a complex of 257 apartments and a co-working space here. The project is part of the Corestate growth plan for Spain. Residencies are also being built in Seville, Valencia and Salamanca. In total, the fund invests 230 million in Spain. The student complex in Barcelona is expected to open its doors in 2022.
Corestate responds to the growing demand for student residences in the Catalan capital. According to the fund, the city has around 170,000 students, including a large number of foreigners. Moreover, Barcelona is one of the most popular cities to study according to the QS ranking. At present, the student housing supply in the city does not meet current quality standards and Corestate wants to respond to this.
Do you have questions about this article? Please let us know.
Are you interested in buildings in Barcelona for sale, market information or to ask us your question, please see the links hereunder.
Our offer Buildings For Sale in Barcelona
When you are interested in buildings, hotels and plots for sale in Barcelona, you are welcome to visit:
- Residential Buildings Barcelona
- Office & Co-working Buildings Barcelona
- Hotels Barcelona & Area
- Plots Barcelona & Area
Free Info Graphics & Flash Reports
Let us know if you want to receive periodically our Info Graphics and Flash Reports. Examples:
- Prices Barcelona, euros/m2 per district
- Hotel Investments Spain, +700% in five years
- Student Housing Spain, not enough rooms
- Office trends Spain: A-class, Co-working & International
Do you want more information?
Call us at 0034 93 215 12 23
Or mail us to email@example.com
We will anwer you within one working day