BeGrand (the Mexican giant developer) lands in the Salamanca district with the help of Admara Capital
A group of Mexican investors (Begrand) and La Finca, under the umbrella of the management company Admara Capital, have bought Padilla 66, a residential project of 25 luxury apartments.
The new owners of the building will maintain the project, which includes the construction of 25 luxury apartments, although they will improve the quality of the apartments with respect to the original project. Although the amount of the transaction is unknown, according to several market sources, the total investment —including the purchase of the building and the construction— amounts to 25 million euros. The operation has been advised by TC Gabinete Inmobiliario.
