Urban Campus expands into Tetuán, the Cuatro Caminos Coliving building will have 31 studios and will be located just a ten-minute walk from the Azca financial center. This will be the second investment in coliving for Batipart in Spain, which will operate Urban Campus
Madrid, June 15th, 2022.- Urban Campus will operate its fifth coliving building in Madrid, and the second for Batipart. The first operator of complete coliving buildings in Spain thus establishes itself in Madrid, increasing its offer in the capital. The new project, Urban Campus Cuatro Caminos is located in the district of Tetuán, in the Cuatro Caminos neighborhood and just a 10-minute walk from the financial center of Azca, the most avant-garde in the capital.
The family investment group, Batipart, once again trusts Urban Campus as the operator of its next coliving, after the agreement for the company’s first new-build coliving in Valencia, which is already under construction and will receive its first tenants in 2023.
For Urban Campus, Tetuán is one of the most attractive districts. It offers many opportunities due to its proximity to Azca, the Four Towers, and the Paseo de la Castellana.
Urban Campus Cuatro Caminos, which has an elegant facade, will have an area of around 1,200 square meters in which there will be room for 31 studios, almost all with a private balcony, 11 one-bedroom apartments, and 20 in a two-bedroom cluster format with a kitchen and large shared lounge. The building will have different common areas like a gym, a coworking, a community kitchen, a meeting or events area, and an outdoor area with a corrala-style patio, common in old buildings in the city, evoquing the most traditional Madrilian character. Urban Campus expects to welcome the first tenants in October 2022.
For Casilda Mulliez, Head of Business Development for Spain at Urban Campus, “our fifth coliving in Madrid strengthens our presence in the capital. We are firm defenders of booming areas, having already begun in Valencia, and once again confirming our position in Madrid with our expansion into Tetuán.”
For Martin Fauchille, Director of Acquisitions Spain and Portugal “After the success of our alliance with Urban Campus, we want to continue with our expansion in the main cities of Spain and Portugal, where we see a growing demand from young professionals for this type of offer.”