RESIDENTIAL PROPERTY DEVELOPMENT IN SAN MIGUEL DE ABONA
Tenerife
Project data
Client:
COPERNICUS – DEUTSCHE BANK
Asset:
Residential property development with 247 houses, built in 3 different phases. Two phases are complete and have been delivered to purchasers, and one phase has been stopped during the structural stage.
Client´s objective:
The structure falls outside of the urban planning approvals, and a process to correct the situation must start, while a search is made for an investor interested in acquiring the asset.
TRIDENT AM MANAGEMENT PERIOD:
Starting in 07/2018
Evolution of the objective:
The technical-legal proposals to correct the urban planning situation have been made, and the investor search has started.
