AQ Acentor, Aquila Capital’s property developer in Spain, is planning to invest €30m to construct residential assets in Malaga’s Zeta District.

AQ Acentor said it has acquired three plots for the development of 120 dwellings, in a a deal that lifts the Spanish property developer’s investment in Malaga to over €430m.

AQ Acentor’s CEO, Sergio Gálvez, said: “The team is extremely happy about this new investment. Malaga is, and will continue to be, one of our preferred locations for property development, both residential and logistics. Thanks to the great work carried out by the Urbania team.

“Zeta District unites all the principles upon which we base our company’s strategy, such as innovation, environmental sustainability and energy efficiency.”

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