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L'Hospitalet Will Buy 148 Floors of the City to Prevent Them From Falling Into the Hands of an Investment Fund

Summary by El Periódico
The City Council of L'Hospitalet de Llobregat (Barcelonès) will invest 27 million euros in acquiring five blocks of housing in the neighborhoods of the north of the city that, among all, total 148 floors. All this with the aim of preventing them from passing into the hands of an investment fund. In a statement, the council explains that the current property, a family real estate that has kept these properties for rent since the 1960s, has announ…

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The consistory will invest 27 million euros, coming from the remainder of 2025, to process this operation Related: L'Hospitalet de Llobregat approves the new surcharge for hotels and tourist accommodation: five public schools will be added

·Spain
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Center

The City Council of L'Hospitalet de Llobregat (Barcelonès) will invest 27 million euros in acquiring five blocks of housing in the neighborhoods of the north of the city that, among all, total 148 floors. All this with the aim of preventing them from passing into the hands of an investment fund. In a statement, the council explains that the current property, a family real estate that has kept these properties for rent since the 1960s, has announ…

·Barcelona, Spain
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The current tenants will keep their contracts and the City Council will take the credit modification necessary to finance the purchase to an extraordinary plenary session on October 6. ...

The current tenants will retain their contracts and the City Council will take on October 6th to an extraordinary plenary the credit modification necessary to finance the purchase. ...

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Catalunyapress broke the news on Thursday, October 1, 2026.
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