The first three months of 2023 saw the smallest number of completed new homes since 2014, falling to 3,076.
The platform in Thessaloniki has already been activated and over 100 apartments have already been analyzed through the technological platform.
People eligible for the program are mainly young people and young couples aged 25 to 39. The total number of loans that will be given is 5,000 and the potential beneficiaries 10,000.
Ortega, who controls 59% of Inditex, has to invest that amount within the year because of the legal and fiscal rules that govern family offices like his Pontegadea.
OAKTREE Capital Management-backed Silbury Finance unveils at this year's MIPIM.
The investment was deployed through a JV in a portfolio of 2,425 rental housing units in Spain from Vía Célere