CBRE Investment Management has acquired the Badalona Port residential development from Culmia. This is a new build-to-rent (BTR) development of 129 homes that will be available for rent at affordable prices and will include 5% social housing.
The development consists of two buildings with flats between 78 and 182 square metres. It has two communal swimming pools, one on each rooftop, terraces with panoramic views of the sea and the marina, almost 2,000 square metres of communal areas and 1,378 square metres of commercial premises. In line with the new sustainability requirements, the future homes will be energy efficient, with photovoltaic panels and aerothermal energy and BREEAM certification.
Ashurst’s team on this deal was led by Ismael Fernández Antón.