We offer all the tools necessary for landing the full scope of business you really deserve.
Feel free to call us: +34 617 369 878

Restaura’s Former Directors Launch A €60M Fund

Posted by: In: Real Estate 16 Aug 2016 Comments: 0 Tags: , , , , , , , , , , ,
.

16 August 2016 – Expansión

AKM is transforming itself into an investment entity manager, regulated by the CNMV, and is finalising the September launch of a fund amounting to €60 million, which aims to buy and renovate residential buildings in Madrid and Barcelona.

The firm is led by Xavier González, who was executive Vice President of Restaura. One of its other founding partners is Fernando Conde Arriera, who was Commercial and Marketing Director of the same real estate company. The executive management team of the new management company also includes Lorenzo Abascal and Stephen Koen, both former Directors of Andosins, a holding company owned by the Cerqueda family, which in turn owns the Andorran bank Andbank, together with the Ribas family.

Since 2013, AKM has launched three funds with a combined capital value of almost €63 million and its portfolio contains a dozen real estate assets in Madrid and Barcelona. In the capital of Spain, the firm owns, amongst others, residential buildings located on Calles Francisco Silvela 65 and Menéndez Pelayo 41, as well as a complex of 14 properties on Arganzuela-Santa María de la Cabeza, containing 214 homes, 31 premises and 224 parking spaces.

Original story: Expansión (by J. Orihuel)

Translation: Carmel Drake

The post Restaura’s Former Directors Launch A €60M Fund appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

LinkedInFacebookTwitterGoogle+PinterestShare

Sorry, the comment form is closed at this time.