PETALING JAYA: Amcorp Properties Bhd and joint venture partner Grosvenor Europe Investments Ltd have acquired a residential development project in the sought-after Chamberi district of Madrid, Spain.
The company said in an announcement to the stock exchange that the 0.082-acre site with a historic building located on the Garcia de Paredes Street and within walking distance of the Canal de Isabel II Park and Canal Theatre would be developed into 15 apartment units and two penthouses. The project involving a seven-storey building will be developed with architectural firm, Cano Y Escario, as consultants.