Bialto participates in the sale of two new-build rental residential buildings in Madrid.
- Nuve, with 235 homes, and Luzzes, with 180, are located in the Ensanche de Vallecas
June 2025.- BIALTO has participated in the sale of two residential rental projects through its strategic alliance with DWS.
Nuve has 235 new-build homes located in the Ensanche de Vallecas district of Madrid and was acquired turnkey in early 2024 from the developer Gestilar.
Nuve offers one-, two-, and three-bedroom homes with common areas such as a swimming pool, green areas, a gym, coworking space, an agora, and a chill-out zone. The building obtained the Breeam Very Good sustainability certification.
The sale took place in December 2024 to Catella’s CER III fund, with the building fully occupied, for approximately €60 million.
Luzzes features 180 new-build homes located in the Ensanche de Vallecas district of Madrid and was acquired turnkey in April 2023 from the developer Pryconsa.
Luzzes offers two-bedroom homes with common areas such as a swimming pool, green areas, a gym, and a chill-out zone. The building obtained the Breeam Very Good sustainability certification.
The sale took place in December 2024 to Vivenio, with the building fully occupied, for approximately €50 million.
BIALTO acted as Asset Manager for both projects and participated in the structuring of the purchase, product design, and subsequent management. These projects are part of the company’s commitment to professional housing management with common areas and services designed for the needs of today’s tenants.
BIALTO is positioned as a benchmark in the residential rental sector, and a platform that vertically integrates the entire value chain, from the design, development, and management of residential rental projects. It currently manages a portfolio of 3,645 units.