Servihabitat wins Sareb land contract and will develop plots for 60,000 apartments

August 4, 2021

Real estate servicer Servihabitat has won a Sareb land contract to develop plots for 60,000 apartments. Cuatrecasas lawyers Gerard Hernández Colet, Lluis Puig Navàs and Santiago Casas Vilaseca advised Servihabitat on the bidding, negotiating and procurement process of the urban management and urban land development services contract (the NEO Project) to be entered into with Sareb.

With the procurement and closing of this contract, Servihabitat will be responsible for the urban management, development and marketing of over 200 plots to be converted into land zoned for urban development, ready to be marketed. The importance of this procurement lies in the great market interest that the transaction has aroused and the large number of bidders that participated in the process.

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