Flex living on the rise in DEXTER's financial product portfolio
The real estate market changes in its parameters year after year and DEXTER, as a leader in private equity real estate financing, is quick to adapt to these changes in order to maintain a dominant position as a financial operator and, more importantly and therefore, to remain of maximum utility to its clients.
Just a few days ago it was announced by 'JLL' that there was an investment forecast in Spain of 2,500 million in 'flex living' projects until 2028, a considerable figure indeed. New demographic trends, such as the growth of the population in urban areas, the reduction in the size of households, the difficult access to housing, or the growth of rental prices, among other factors, are what are causing the 'flex living' sector in Spain to experience dynamic growth in recent years.
Thus, Spain is positioning itself as one of the fastest growing countries. According to data compiled by the consultancy firm, there are more than 21,000 beds in the pipeline, with transactions between institutional funds underway or already executed. In fact, the sector has accumulated more than 560 million in investment since 2019, 140 million of which were transacted in 2023, with Madrid concentrating most of the supply.
From DEXTER, its vice-president Alfonso Merlos points out that "there is no area within real estate in which we do not enter to finance, operation by operation and project by project. If there is an entrepreneur with experience, a solid business plan and clear visibility of amortisation, we also provide capital in 'flex living' operations; we are expanding our portfolio, therefore, in a sector, in a residential modality that is here to stay", concludes Merlos.
Flex living is on the rise in DEXTER's portfolio of financial products.
The real estate market changes in its parameters year after year and DEXTER, as a leader in private equity real estate financing, adapts quickly to these changes in order to maintain a dominant position as a financial operator and, more importantly and therefore, to continue to be of maximum use to its clients.
Just days ago it was announced by 'JLL' that there was a forecast in Spain to invest 2.5 billion in 'flex living' projects up to 2028, a considerable figure indeed. New demographic trends, such as the growth of the population in urban areas, the reduction in the size of households, the difficult access to housing, or the growth of rental prices, among other factors, are what are causing the 'flex living' sector in Spain to experience dynamic growth in recent years.
Thus, Spain is positioning itself as one of the fastest growing countries. According to data compiled by the consultancy firm, there are more than 21,000 beds in the pipeline, with transactions between institutional funds underway or already executed. In fact, the sector has accumulated more than 560 million in investment since 2019, 140 million of which were transacted in 2023, with Madrid concentrating most of the supply.
From DEXTER, its vice-president Alfonso Merlos points out that "there is no area within real estate in which we do not enter to finance, operation by operation and project by project. If there is an entrepreneur with experience, a solid business plan and clear visibility of amortisation, we also provide capital in 'flex living' operations; we are expanding our portfolio, therefore, in a sector, in a residential modality that is here to stay", concludes Merlos.
