Now is not the time to sit things out.

The seed portfolio will comprise c. 28,400 sq ft of new, high-quality space.

The developments will be completed in the first quarter of 2025.

Accommodation and Food Service sector turnover soared 242%.

EPRA's opinion on the impact of economic challenges

According to JLL's 2022 Global Real Estate Transparency Index

Aside from pricing out many renters, the increases could have knock-on effects amid broader inflation pressures.

The property is located in Alcala de Henares on the strategically important Corredor de Henares in the northeast of Madrid.

The proceeds of the bond issue will fund sustainability elements of The Ellinikon, including green buildings and infrastructure, green energy and smart-city technologies.