Andersen advises Obranueva on 125 affordable rental homes in Estepona

"Andersen advised Obranueva.com on its designation as delegated developer for 125 affordable rental homes in Estepona. The project is led by A&G Global Investors, which has allocated €43 million through vehicle A&G Real Estate Sustainable Developments SICC. Andersen’s Real Estate and Corporate/M&A teams coordinated on vehicle formation, land acquisition and a Forward Funding Agreement."

Andersen advised Obranueva.com, a national developer specialising in real estate project advisory and management, on its designation as delegated developer for the construction of 125 affordable rental homes in Estepona, Málaga. The project is driven by A&G Global Investors and financed through its vehicle A&G Real Estate Sustainable Developments SICC, which has allocated €43 million to the development. The engagement required coordination between Andersen’s Real Estate and Corporate/M&A teams. The firm assisted with the design and incorporation of the vehicle responsible for the housing development, the acquisition of the land on which the project will be built, and the negotiation and signing of a Forward Funding Agreement to finance the project. Andersen represented Obranueva.com with a team composed by: Eduardo González, partner, Real Estate; Enrique Pérez, Senior Associate, Real Estate; Antonio Cañadas, partner, Corporate/M&A; Teresa García, Senior Associate, Corporate/M&A; and José Miguel Jaime, Senior Associate, Public Law (Andersen Málaga office).

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Andersen advises Obranueva on 125 affordable rental homes in Estepona

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Andersen advises Obranueva on 125 affordable rental homes in Estepona

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