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Brookfield seeks to sell 1,550 rental homes in Madrid amid regulatory uncertainty

FinanceInternationalCinco Días40 s readAI summary
Image: Cinco Días

Canadian fund Brookfield is negotiating the sale of two portfolios totaling around 1,550 rental homes in Madrid: one of five buildings with 850 homes and another of seven blocks with 700 units. According to market sources, it is already in talks with an Asian fund and a Spanish family office. Doubts over closing the deal stem from regulatory uncertainty following the decree known as 'Maricarmen' and the November 29 elections. Brookfield bought the homes in April as part of a 5,000-home package from Fidere for 1.05 billion euros.

In 40 seconds

  • Brookfield is marketing two portfolios with about 1,550 rental homes in Madrid: 850 in five buildings and 700 in seven blocks.
  • The firm is negotiating with an Asian fund and a Spanish family office, according to real estate sector sources.
  • The deal would be worth more than 350 million euros.
Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

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