Acciona divests Spanish residential portfolio to Argis

Acciona's real estate arm has struck a major deal to sell over 1,000 homes in Spain to Argis, a Spanish capital management company, for €324 mln. 

Acciona's residential portfolio

The transaction is considered as the most important in the Spanish built-to-sell market this year.
This sale, advised by JLL, involves 1,016 homes across eleven developments in Madrid, Barcelona, and Terrassa, all scheduled for completion by 2026.
The properties are located in Madrid (120 homes in Tetuán and 292 homes on Calle Orduña), Barcelona (184 homes in La Marina del Port/Zona Franca), and Terrassa (420 homes as part of a significant urban regeneration project near the Nord train station).
This transaction highlights Acciona's strategy of rotating assets and its focus on sustainable, high-quality residential development in Spain. It also solidifies their position as a top developer, with a real estate portfolio valued at €1.88 bn as of June 30, 2025.