Toda & Nel-lo has advised Promoimsa on the acquisition of a 1,150 square metre building from the investment management company Mondelair
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The building, located in the Benimaclet district of Valencia, will be used for the development of 29 tourist flats. The transaction has been advised by Toda & Nel-lo.
The building is expected to be operational in the summer of 2024. The deal value has not been disclosed. Tax partner Francisco Chamorro led Toda & Nel-lo’s team.
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