Badalona Port, Spain

Overview

In 2015, Kronos Investment Group acquired a defaulted mortgage backed by a plot located in the Port of Badalona and worked with the administration board of the bankrupt developer to convert to the ownership of the land simultaneously. The plot is 9km from the city centre of Barcelona and has the capacity to develop 252 apartments amounting to 27,830 buildable sqm.

www.kronosig.com