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Allianz Makes First Foray Into Spanish Private Rented Sector With €140m Purchase of Elix Stake

Consortium Led by KKR, Altamar Sell Stake in PRS Platform of 21 Residential Buildings
The platform’s current portfolio comprises eight properties in Barcelona. (iStock)
The platform’s current portfolio comprises eight properties in Barcelona. (iStock)
CoStar News
June 16, 2021 | 2:02 P.M.

A consortium of investors led by US private equity giant KKR and Altamar Capital Partners has sold its stake in the Spanish residential real estate platform Elix Vintage Residencial Socimi S.A. to Allianz for £140m, CoStar News understands.

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