Kronos invests 350 million euros in the purchase of land in Spain and Portugal

Kronos invests 350 million euros in the purchase of land in Spain and Portugal

Space Real Estate

Kronos has purchased seven plots of land for 350 million euros to develop its strategic plan in important areas of Spain and Portugal, mainly in Madrid, Barcelona and the Costa del Sol, with Mijas and Torremolinos at the head.
Kronos' strategy is to continue growing and, next June, it will start five new operations.

With this strategy, the group expects to reach the sale of 1,500 homes in 2022 and close the year with a portfolio of 15,000 homes and an increase of 100 million euros in its turnover, compared to the 400 million euros it entered last year.

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