Metrovacesa partners with Santander Alternative Investment funds on Valencia coliving venture

  • Metrovacesa signed a co-investment deal with a fund managed by Santander Alternative Investment to develop a coliving project in Valencia.
  • The joint venture will be 10% owned by Metrovacesa, with the remaining equity held by funds managed by Santander Alternative Investment.
  • Metrovacesa will act as full-service development manager, overseeing design, permitting, construction management, delivery.
  • The related-party investment is valued at about EUR 2.4 million to EUR 3.4 million, depending on investment returns.
  • The agreement was signed on June 25, 2026.


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