Build to Rent is coming. Colliers International advises on deals worth €110 M in the first three months of the year

Colliers International, a leading advisory firm for residential rental transactions, including Build to Rent, has closed various deals in Madrid worth a total of €110 million.

“In the first three months of the year, we have closed the sale of rental assets and turnkey projects in the institutional fund market that include 300 residences and more than 25,000 m² in central Madrid. We are currently managing Build to Rent transactions covering more than 100,000 m² of buildable area across the whole of Spain. It is undoubtedly one of the greatest opportunities in the residential sector, in which funds that specialise in this product will revolutionise the supply of quality homes for rent in the major cities”, says Antonio Pan de Soraluce, Managing Director of Capital Markets at Colliers.

“These are complex transactions with major financial and real estate components that we believe will grow exponentially in the coming years. Colliers is a pioneer in the Spanish residential market for arranging and closing Build to Rent transactions, thanks to the combination of our experience of capital markets and corporate finance in the residential sector” concludes Mikel Echavarren, CEO of Colliers International in Spain.

 

 
 
 
 
 
 

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 About Colliers International

Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management. Learn more about how we accelerate success in our Instagram, Twitter or LinkedIn accounts.

 

For more information:


Alejandra Folgado
Marketing & Communications Director
Colliers International Spain

T. + 34 91 579 84 00
alejandra.folgado@colliers.com


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Mikel Echavarren

CEO

Madrid

Mikel Echavarren is CEO of Colliers International Spain. He was President and CEO of irea since its foundation in 2002 until March 2018, when irea joined Colliers International. Prior to joining irea, Mikel was a partner in the Spain and Portugal real estate corporate finance division of Arthur Andersen. 

With over 30 years of experience in the real estate sector, he is an expert in strategic planning for real estate groups and in complex mortgage debt portfolio, real estate company and property transactions. He has managed financial restructurings involving over €8,000 million worth of debt belonging to real estate, construction and services companies. 

 

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Antonio Pan de Soraluce

Managing Director

Madrid

Since 2006: Partner in Colliers International in Spain. Investment Manager.

2005 – 2006: Aguirre Newman. Investment Director in Madrid.

2004 – 2005: Parquesol Inmobiliaria. Product Manager.

2003 – 2004: Bankinter. CRM.

Antonio speaks English and Spanish

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Alejandra Folgado

Marketing & Communications Director

Madrid

As Marketing and Communications Director Alejandra is responsible for building a marketing and Comm. strategy that grows brand awareness; drives lead generation and works across business lines to support Colliers International in Spain  achieve its growth and customer acquisition goals.

She began her career at Atlas Capital Close Brothers in 2001 and joined to irea in 2006, where she was Knowledge & Organization Manager for almost 4 years. After a 5 years  of professional and personal experience in Italy, she returns to irea as Marketing & Communications Manager.

From January 2015 she has been Head of Marketing and Communications at irea until March 2018, when the spanish firm integrates in Colliers International.

Alejandra studied at Carlos III University (Madrid)  where she has a bachelor degree in Information Sciences. She holds an International Marketing and Communications Master from Polimoda Business School (Italy).

She has worked in Marketing and PR across various industries including Financing, Real Estate, Fashion and Hospitality. Alejandra  also has experience in managing and coordinating  events including conference, congress and trade fairs.

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