- Status Finished
- LocationLuis Alberto de Herrea Av.
- TypeResidential
- START DATE01/15/2014
- COMPLETION DATE07/04/2017
- AMOUNT OF INVESTMENTU$S 56.700.079
Overview
NAME: Fideicomiso Financiero para la Construcción de los Edificios para Vivienda Denominados Torres Nuevocentro (Financial Trust for the Construction of the Housing Buildings Named Torres Nuevocentro)
Torres Nuevocentro is a housing complex of apartments containing 440 units developed in 2 blocks. The units are comprised of a ground floor plus 25 levels. Additionally, the complex has a garage level and common use spaces such as multipurpose rooms.
In addition, the Towers share a standard with the Shopping Mall Nuevo Centro and special permits were acquired to increase the height allowed in the area.
The project is currently completed with all of its units delivered to the end users.
About Project
FINANCING:
Financing was obtained through a public issue acquired by República AFAP. In this way, 100% of the funds were obtained at the beginning of the project, which allowed the project to be developed according to the financial schedule.
Torres Nuevocentro was the first real estate investment project developed by República AFAP.
The land was acquired through negotiation with the developers of Shopping Nuevocentro.
PERFORMANCE:
In terms of delivery time, there were no negative deviations with respect to the initial commitment, finishing 4 months ahead of the contractual schedule.
In economic terms, there were no deviations with respect to the initial commitment.
Amenities
Torres Nuevocentro is a housing complex of apartments containing 440 units developed in 2 blocks. The units are comprised of a ground floor plus 25 levels. Additionally, the complex has a garage level and common use spaces such as multipurpose rooms.
In addition, the Towers share a standard with the Shopping Mall Nuevo Centro and special permits were acquired to increase the height allowed in the area.