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Metrovacesa SA ( (ES:MVC) ) has provided an announcement.
Metrovacesa has signed a turnkey agreement with Atrea Real Estate for the development and sale of two office buildings in Madrid valued at 200 million euros, comprising a 26‑storey tower and a 6‑storey block totaling nearly 48,000 square metres of gross leasable area, with construction to begin shortly and completion scheduled for 2029. These assets form part of the Oria Innovation Campus, a major urban regeneration project next to the former Clesa factory that includes four mixed‑use buildings; with the office deal, following ongoing works on a student residence and a Living building due in 2026 and 2027, Metrovacesa has now fully commercialised the entire Oria project, reinforcing its position in Madrid’s tertiary real estate market and signalling progress in its development pipeline.
The most recent analyst rating on (ES:MVC) stock is a Hold with a EUR10.50 price target. To see the full list of analyst forecasts on Metrovacesa SA stock, see the ES:MVC Stock Forecast page.
More about Metrovacesa SA
Metrovacesa S.A. is a Spanish real estate developer focused on large-scale urban and mixed-use projects, including residential, tertiary and office assets, with a significant presence in key markets such as Madrid.
Average Trading Volume: 210,117
Technical Sentiment Signal: Buy
Current Market Cap: €1.46B
For an in-depth examination of MVC stock, go to TipRanks’ Overview page.