Construction works begin in Móstoles for Alta Real Estate’s 166-bed senior residence

Alta Real Estate has begun the construction of a 166-bed purpose-built senior residence in the municipality of Móstoles, within the Madrid Metropolitan Area. The project has been acquired by Care Property Invest and will be operated by Emera.

Alta Real Estate has awarded the construction of the project to Aldara Construcciones e Infraestructuras. The architecture studio will be Alae Arquitectura.

This high-end residence for the elderly will consist of 5 floors and will be shaped like a semi-circle. Communal areas will be located on the ground floor and include a multipurpose room and a hairdresser, amongst others.

RELATED POSTS

Alta RE, Aldara CI and Emera will develop a senior residence in El Cañaveral.

With an investment of more than 15 million euros, this senior residence will have 165 places and will have a surface area of more than 7,500 square metres distributed over six floors.

Round Hill Capital awards the construction of a 179-bed student residence in Madrid to Alta Real Estate

The joint venture formed by Round Hill Capital and CPP Investment Board has acquired a PBSA asset in Madrid for 30 million euros.