The joint venture focuses on major urban areas in Spain, aiming to acquire and develop high-quality residential properties, including “build-to-rent” (BTR) projects, as part of a broader strategy to capitalize on the growing demand for rental housing in the country.
According to an official statement, this demand continues to rise due to urbanization, population growth, and changing preferences among residents, particularly younger individuals and foreign residents.
The €500 million fund will be used to acquire existing residential properties as well as to develop new projects in prime locations in cities such as Madrid, Barcelona, and Valencia. Stoneweg, leveraging its local expertise, and BGO, with its international investment capabilities, will collaborate to identify properties with high potential for value creation.
