News

July 16th, 2024

Amro Valencia Puerto attracts €19.5m Fiera development loan

  • 3-year €19.15m development loan facility will finance the construction of 221-bed PBSA project in Valencia, Spain
  • Transaction is our second deal with Fiera, following a €17.5m 3-year development loan to fund our PBSA project in Alicante, announced in March this year
  • The project will achieve the highest possible ESG standards including BREEAM Outstanding, Fitwel 3* and WiredScore Platinum
  • Construction commenced in April 2024 and is scheduled to complete in December 2025

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April 16th, 2024

Planning consent for our second Valencia project

  • €29M GDV project will deliver 221 new dedicated student beds close to five universities
  • Facilities include rooftop terrace, canteen, gym, study rooms and parking spaces
  • The project is targeting BREEAM “Outstanding”, WiredScore Platinum and Fitwel 3*
  • Valencian student numbers continue to grow annually against acute student bed shortage
  • The project represents and Amro’s second development in the city

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