We invest in high quality, institutional grade commercial real estate in Spain

ConrenTramway designs and executes value added, core plus and development investment strategies across real estate cycles by matching them with the right capital structure and investor profile.

Our investment strategies: core plus, value added and development

Our core plus strategies are focused on income producing properties with a prudent use of leverage and a balanced risk / return profile.

Our value added strategies seek to add value through repositioning, renovation, new capital structures and other active asset management strategies in order to provide investors with an attractive total return.

Our development strategies seek to build attractive properties in markets with the right demand / supply imbalance.

Throughout our different investment programmes we pursue core plus, value added and development opportunities to meet our investors’ requirements.

We typically invest in direct property but can also invest in loans and other property-related debt instruments or at different levels of a capital structure.

ConrenTramway currently manages several core plus and value added investments including new build developments and refurbishments.

Investment criteria


Focus on the main Spanish urban markets of Madrid and Barcelona

Selective interest in opportunities in other key secondary cities


Flexible investment mandate in terms of size



Residential and mixed-uses