Investment Highlights
- After the Global Financial Crisis, labor and bank reform created the propensity for economic growth in Spain.
- The for-sale residential sector in Spain experienced significant pent-up demand for housing given seven years of near stand-still in homebuilding.
- Alpine Grove partnered with an experienced local developer to acquire land with development potential to meet primary home demand, concentrated in and around Madrid.
- Primary Homes Spain assembled a portfolio by purchasing land parcels from local banks and developers in attractive locations.
1 of 4