The financing counterparty has approved financing for a project presented by FTV Group Advisors SL, following mediation and coordination by Thaddeus Investment.
The proposed development concerns a tourism complex in the Canary Islands. The project dossier describes plans for 98 villas on a 34,017 m² site, with a stated development ratio of 0.36 m²/m².
FTV Group Advisors SL presented the project as part of the transaction coordinated by Thaddeus Investment. Once the necessary agreements are finalized and the required checks are completed, FTV Group Advisors SL may begin work on delivering the project.
The timetable and construction plans will be determined during the next stages of the transaction.
Featured image: illustrative visualization; it does not depict the actual project.