Hogan Lovells advises on structuring residential investment strategy of Tikehau Capital, Almond RE and Elix
Hogan Lovells has advised Tikehau Capital on the structuring of a platform to invest in “refurb-to-rent” housing. This new investment strategy in which Tikehau Capital will participate, together with Almond Real Estate and Elix, will carry out granular acquisitions of vacant homes in Madrid’s urban core in order to develop a significant portfolio.
Tikehau Capital will be the main investor in this strategy, which represents the firm’s third investment in the value-add segment in Iberia and also the third transaction in the Iberian residential market.
This transaction, led by Javier Gazulla and Igor Montejo Alonso, partner and senior associate at tax, has also involved Gerard Neiens and Jean-Philippe Monmousseau from the Luxembourg office.