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Aviva Hunts Partner as it Seeks to Expand Spanish Housing Bet

Aviva Hunts Partner as it Seeks to Expand Spanish Housing Bet

Bloomberg25-06-2025
Aviva Plc 's investment arm is seeking a partner for its Spanish rental housing portfolio as it looks to double down on the country's acute housing shortage.
Broker Savills Plc has been appointed to raise about €150 million ($174 million) to inject into the portfolio that currently spans about 1,000 units, people with knowledge of the appointment said . The new capital will be used to expand the portfolio that is currently spread across five developments in Madrid, Barcelona and Palma de Mallorca, the people said, asking not to be identified as the process is private.
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