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Partners Group, on behalf of its clients, has expanded its Spanish residential platform through a forward purchase of three purpose-built and fully amenitized built-to-rent and flex-living assets in greater Madrid, encompassing approximately 1,000 units. Combined with Partners Group's existing portfolio in central Madrid, the platform is set to achieve a Gross Asset Value of more than EUR 500m. Dietmar Weissmann, Member of Management, Real Estate Europe, Partners Group comments: "How you invest matters. By acquiring these three projects through forward purchase structures, we minimize execution and operational risks. At the same time, we maximize liquidity by creating brand new assets in a segment that has increasing occupier and investor demand." Anne-Jan Jager, Co-Head Real Estate Europe, Partners Group, adds: “This expansion is evidence of our thematic investment approach in action. The residential sector in Spain, and in Madrid in particular, benefits from resilient domestic growth, increasing international investment, and positive net migration. Under the brand NUVA LIVING, in partnership with Medan Asset Management, we continue to build out a leading platform for purpose-built and amenitized residential product in an under-supplied market."

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