New fund

Stoneshield, Azora and Meridia raise €3B for Spanish property push

What's the deal? Three Spanish real estate managers — StoneshieldDealroom has a profile for this one. Try Dealroom →, AzoraDealroom has a profile for this one. Try Dealroom →, and MeridiaDealroom has a profile for this one. Try Dealroom → — have raised €3 billion to buy housing, hotels, and logistics assets. All three are either closing or still raising multibillion-euro funds aimed mainly at residential, logistics, hotels, and infrastructure.

What's the endgame? The capital targets some of Spain's most sought-after property segments. Residential and logistics have drawn heavy investor interest, while hotels round out the strategy.

The signal: The scale of the combined raise points to renewed conviction in Spanish real estate, with managers stockpiling capital to deploy across residential, logistics, and hospitality.

Read more: expansion.com

Image credit: Daquella manera

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