Gestilar Promotes 2,000 Rental Homes That Will Be Delivered From 2022

It is consolidated as a promoter in the development of rental housing

With an eye on rent. Gestilar has almost 2,000 homes for rent with Madrid, Catalonia and the Balearic Islands as the main areas of action and whose first deliveries will begin in 2022 . In this way, the developer has established itself as a leading player in the development of rental homes in Spain.

Through this commitment to Build to rent , the developer “contributes to balancing a rental market where the supply of housing, mainly in the hands of individual investors, does not correspond to a demand that continues to grow year after year,” he says.

At the beginning of this year, Gestilar signed with the manager DWS the largest BTR operation in Spain . It is about the block sale of more than 1,000 homes that will be located on land located in the PAU of Vallecas and Getafe . Of these two projects, whose works will begin soon, one of them, that of Getafe, has the title of being the largest BTR development in production in Spain by number of homes, with 750 units.

The beginnings in Madrid
The beginnings in this market in Madrid were with the management of a turnkey residential project in the Mahou-Calderón area, next to Madrid Río. Later, he landed in the urban center of Pozuelo , with Pozuelo Residences. It is a promotion with the works already started. In this development, Gestilar implemented a real estate crowdfunding model as complementary financing through the collaborative investment platform Urbanitae .

Its Build to rent portfolio is completed with three other projects totaling almost 600 homes located in Palma de Mallorca and Catalonia .

Sustainability and energy efficiency are criteria that mark the construction of all projects , with the aim of obtaining the Breeam Good or Very Good sustainability seals.

“With the aim of providing the rental market with a stock of quality homes with equipment and amenities, these projects will include community endowments for the enjoyment of all residents, including gardens, swimming pools, children’s play areas, community rooms, parking areas. Bicycle parking, coworking spaces or gym, among others “, they point out from the company.

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