Témpore Properties SOCIMI, S.A. acquired a portfolio of 184 residential dwellings, parking and storage units in Madrid and Valencia from Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A..
March 09, 2020
Share
Témpore Properties SOCIMI, S.A. (BME:YTEM) acquired a portfolio of 184 residential dwellings, parking and storage units in Madrid and Valencia from Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A. on March 10, 2020. In a related transaction, Témpore Properties SOCIMI, S.A. (BME:YTEM) agreed to acquire a residential property in Castellon from Cerberus Capital Management, L.P. and Banco Santander, S.A. (BME:SAN). The combined purchase price of the two acquisitions is €40.8 million.
Témpore Properties SOCIMI, S.A. (BME:YTEM) completed the acquisition of a portfolio of 184 residential dwellings, parking and storage units in Madrid and Valencia from Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A. on March 10, 2020.
Tempore Properties SOCIMI SAU is a Spain-based company active in the real estate investment business. Its main activity is the acquisition and management of residential buildings for rent. Its properties are part of a purchased portfolio, which includes more than 2,220 apartments located across Spain in high-demand areas, particularly in Catalonia, the Community of Madrid, Community of Valencia, Andalusia, La Rioja, Murcia, Balearic Islands and Castilla la Mancha. The Company aims to develop its portfolio.
Témpore Properties SOCIMI, S.A. acquired a portfolio of 184 residential dwellings, parking and storage units in Madrid and Valencia from Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A..
TÉMPORE PROPERTIES SOCIMI, S.A. 
