Aliseda Inmobiliaria, owned by Blackstone and Santander, sells land worth 331 million euros

Aliseda Inmobiliaria has put up for sale more than 1,300 land and works stopped with different uses (industrial, commercial, residential or rustic), with a combined value of 331 million euros, according to a statement.

The objective of the real estate management company controlled by Blackstone and Banco Santander is to facilitate investors and developers, both local and national, the acquisition of land for development, within the framework of its ‘Floor Plan 10’ campaign.

In this initiative, 1,050 plots are for residential use, in which some 23,000 homes could be developed. The conditions contemplate the payment of an entry of 10% of the price and a deferred payment of up to 10 months.

In this way, Aliseda defends supporting buyers in the phase where they encounter the greatest difficulties, the financing of the land. The new ‘Soil Plan 10’ has assets in all the provinces of Spain, with a special presence in Galicia, Madrid, the Valencian Community, Murcia and Andalusia.

“With this offer, we help to overcome the main obstacle faced by developers, especially the most local ones: access to financing, giving them time so that they can pre-market their projects”, explains the CEO, Eduard Mendiluce.

‘Floor Plan 10’ is a continuation of the campaign launched in 2019, called Easy Floor Plan, with which Aliseda brought to the market more than 1,500 floors, with 1.8 million square meters of buildable area, destined for real estate development, being sold finally more than 700 floors.