Skypark Valdebebas is Hines' first build-to-rent project in Spain proving a home for c. 900 people with an array of 1, 2 or 3 bedroom apartments. With excellent connections to Madrid airport and Plaza de Castilla, the complex also includes the Valdebebas Central Park. All apartments are equipped with private terrace or balcony. The residential complex offers value-added services to its tenants such as coworking space, a vegetable garden, group classes and community management, placing it at the forefront of this type of real estate product.
Skypark Valdebebas also has a wide range of commercial leisure and restaurant offerings with tenants such as HM Hospitales, Aldi, Santa Gloria, VIPS, Madrigal, 80 Grados. The asset boasts BREEAM In Use "Very Good" certification, a guarantee of ESG credentials.
The asset is part of the portfolio of the Hines European Value Fund 2 (HEVF 2) and constitutes one of the most representative projects in the residential rental segment in Spain. Development was completed in 2022.