Hogan Lovells Cadwalader advises Corebridge sale
Hogan Lovells Cadwalader has advised Corebridge Real Estate Investors on the sale to CBRE Investment Management of the “Central Q” build-to-rent residential complex, located in Quart de Poblet, in the province of Valencia.
Completed in 2022, the asset comprises 147 residential units spread across two buildings, with an approximate residential area of 16,966 square metres, alongside retail units, parking spaces and storage rooms. The scheme is fully leased and sits close to Valencia’s city centre, in what the firm describes as one of Spain’s most dynamic residential markets.
The transaction reflects continued interest from institutional investors in residential assets within Spain’s build-to-rent, or “Living,” sector.
The team
The Hogan Lovells Cadwalader Real Estate team advising on the transaction was led by Orson Alcocer, partner, together with Andrés Candela, counsel, and Associates Paloma Martín and Pelayo San Martín. The team received additional support from Miguel García-Nieto, Associate in the firm’s Banking & Finance practice.
